Quirin Privatbank Reaffirms Buy on Villeroy & Boch, EUR 25 Price Target

PUBT · 3d ago
Quirin Privatbank Reaffirms Buy on Villeroy & Boch, EUR 25 Price Target
  • Quirin Privatbank reaffirmed its Buy rating on Villeroy & Boch on October 28, 2026, retaining a EUR 25 target price.
  • Nine-month Bathroom & Wellness revenue fell 14.2% to EUR 742.4 million amid weak construction activity and geopolitical tensions.
  • Operating EBIT in the division declined to EUR 28.2 million from EUR 52.5 million.
  • Dining & Lifestyle revenue rose 1.9% to EUR 211.5 million; operating EBIT was broadly unchanged at EUR 12.7 million.
  • Fiscal 2026 guidance remained unchanged: a high-single-digit revenue decline, with operating EBIT of EUR 50 million to EUR 56 million.


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