XTRA:WACMachinery
Wacker Neuson (XTRA:WAC) Stock Keeps Value Debate Alive After Margin Surge
Wacker Neuson walked into this earnings print with a construction cycle discount story and a stock that had already delivered a 14.4% gain over three months. After the numbers, the share price closed at €20.8, still well below the cited fair value estimate. This keeps the value debate alive rather than settled.
The main headline is margin power. Q2 revenue reached €665.1m and net income came in at €41.4m, with management highlighting a 9.5% standalone EBIT margin and stronger free cash flow...