Schloss Wachenheim AG Receives Updated Rating

First Berlin Equity Research has issued a research update on Schloss Wachenheim AG, adjusting the stock rating to "Add" and trimming the target price from €18 to €17. The downgrade follows final financial results for the year ending June 30, which fell short of both earlier forecasts and the guidance given in May. Sales increased slightly by 0.3% to €448.9 million, while EBIT rose by 1.5% to €27.6 million. Challenges such as higher energy costs and geopolitical tensions in Iran negatively impacted consumer sentiment.

For the fiscal year 2026/27, management anticipates modest growth in volume and sales, with EBIT expected to range between €28 million to €32 million. The projected performance boost is attributed mainly to improvements in the France and East Central Europe segments, driven by shifts in sales mix and procurement costs.