NuWays reiterates Buy on Asmallworld, cuts price target to CHF 1.4
NuWays reiterated a BUY on Asmallworld, cutting its 12-month target price to CHF 1.4 from CHF 2. H1 net sales fell 36% to CHF 5.6 million, reflecting exits from low-margin hospitality projects and parts of the events business. EBITDA rose 11% to CHF 0.47 million, lifting the margin to 8.4% as total opex dropped 38% to CHF 5.2 million. Operating cash flow swung to CHF 0.46 million from CHF -0.28 million. Management cut sales guidance to CHF 12-14 million from CHF 17.5-19.5 million, keeping EBITDA guidance at CHF 0.9-1.1 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Asmallworld AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26842) on September 18, 2026, and is solely responsible for the information contained therein. (C)
4 from CHF 2. 6 million, reflecting exits from low-margin hospitality projects and parts of the events business. 2 million. 28 million.
1 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Asmallworld AG published the original content used to generate this news brief via EQS News (Ref.
ID: rc_26842) on September 18, 2026, and is solely responsible for the information contained therein. (C)