Wacker Neuson SE

WAC

Equity

ISIN DE000WACK012 / Valor 2611520

Xetra (2025-03-14)

EUR 19.72+6.83%

Wacker Neuson SE
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About company

Wacker Neuson SE, headquartered in Munich, Germany, is a prominent manufacturer in the construction and agricultural sectors, known for its specialization in light and compact equipment. The company's product portfolio includes a wide range of machinery essential for soil compaction, such as rammers and vibratory plates, alongside excavators, dumpers, and wheel loaders. Operating under the Wacker Neuson, Kramer, and Weidemann brands, the company caters to a diverse clientele across the construction, gardening, landscaping, agricultural, municipal, recycling, energy, and manufacturing industries. As a listed entity, Wacker Neuson SE emphasizes innovation and customer value, leveraging its global presence through an extensive network of affiliates, sales, and service stations, alongside sales partners. The company's commitment to research and development is evident in its operation of eight R&D locations, ensuring proximity to its customer base and alignment with their needs. The executive board, led by Dr. Karl Tragl, Felix Bietenbeck, Christoph Burkhard, and Alexander Greschner, oversees the company's strategic direction, maintaining its status as a key player in the provision of construction and agricultural solutions on a global scale.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Growth

In fiscal 2023, Wacker Neuson SE reported a significant increase in revenue, rising by 17.9% to EUR 2,654.9 million compared to EUR 2,252.4 million in 2022. This growth was achieved despite economic challenges in the latter half of the year, demonstrating the company's resilience and effective strategy execution.

EBIT and Profitability

Wacker Neuson SE's earnings before interest and taxes (EBIT) saw a substantial increase of 35.4%, reaching EUR 273.2 million in fiscal 2023, up from EUR 201.8 million in the previous year. The EBIT margin improved to 10.3%, compared to 9.0% in 2022, indicating enhanced profitability.

Dividend Proposal

The company has proposed a dividend of EUR 1.15 per eligible share for fiscal 2023, up from EUR 1.00 in 2022. This proposal represents approximately 42.1% of earnings per share and offers an attractive dividend yield of 6.3% based on the closing price in 2023.

Regional Revenue Breakdown

Wacker Neuson SE experienced double-digit revenue growth in Europe (EMEA) and the Americas, with increases of 18.3% and 21.2%, respectively. However, revenue in the Asia-Pacific region declined by 8.9%, primarily due to challenges in the Chinese market.

Outlook for 2024

For fiscal 2024, Wacker Neuson SE anticipates a year of consolidation, with expected revenue between EUR 2,400 and 2,600 million and an EBIT margin ranging from 8.0% to 9.0%. The company remains optimistic about long-term growth, driven by global megatrends and strategic initiatives.

Summarized from source with an LLMView Source

Key figures

18.8%1Y

-10.4%3Y

130%5Y

Performance

26.6%1Y

31.9%3Y

36.2%5Y

Volatility