Schloss Wachenheim AG Sees Strong EBIT Growth Amid Lower Energy Costs

First Berlin Equity Research has reaffirmed its "Buy" recommendation for Schloss Wachenheim AG with a target price of €22. The research follows the Q2 2024/25 results, where the company saw a 3.8% increase in bottle sales in the crucial Christmas quarter. Group sales rose by 4.0% to €154.0 million, though this was slightly below forecasts.

EBIT experienced a significant increase of 31.5%, reaching €21.6 million, which exceeded expectations by 18.5%. Lower energy costs and changes in procurement costs played a role, particularly due to the favorable impact of the Polish currency appreciation.

Management expects sales growth to be at the lower end of the 5-7% guidance range from the previous annual report. EBIT and net profit forecasts remain steady at €31-€33 million and €20-€22 million, respectively.