MWB's H1 results show a 110% yoy sales increase to €7.4m and improved profitability, but margin pressures persist. We maintain a HOLD rating with a PT of €63.00 amidst market recovery signs.

15 Oct 2025
H1 review: Sustainable profitability on bottom line reached

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H1 review: Sustainable profitability on bottom line reached
MWB's H1 results show a 110% yoy sales increase to €7.4m and improved profitability, but margin pressures persist. We maintain a HOLD rating with a PT of €63.00 amidst market recovery signs.