Third party research

Consti: Short-term outlook remains modest - Evli

This is a third party research report and does not necessarily reflect our views or values

Consti’s outlook for 2026 was on the softer side, with the challenging market conditions not showing signs of easing in the short-term. Fortunately, little points to notable weakening. We now expect flat revenue and EBIT growth in 2026, which stretches multiples, but with expectations of market recovery and order backlog driven support in 2027 retain our ACCUMULATE-rating and TP of EUR 12.5.