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Ackermans & van Haaren Kept at Buy as Berenberg Notes 'Strong' Portfolio Momentum in H1 Results
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11:55 AM EDT, 09/01/2026 (MT Newswires) -- Berenberg on Tuesday confirmed Ackermans & van Haaren's (ACKB.BR), or AvH's, buy rating as analysts took note of the "strong momentum" across the company's portfolio following its first-half results. The Belgian investor reported a first-half net profit of 339.6 million euros, up 24% year over year, driven by "outstanding results" from its core participations and a "clear improvement" in Growth Capital. "AvH raised its FY 2026 guidance to net profit growth of more than 10%, from roughly in line with 2025 previously. Consensus currently sits at around +2%, so we expect it to rise by roughly 8ppt towards the new guidance," the research firm said. "We expect another record year in 2026, followed by a likely transition year in 2027 on the current backlog before growth resumes, with the shift towards CfD-based offshore-wind auctions a key driver of future backlog." Berenberg left the stock's price target of 330 euros unchanged.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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