NuWays keeps Buy on Global Fashion Group, price target EUR 1

Reuters2026/08/14 07:01

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NuWays reiterated a BUY rating on Global Fashion Group, keeping a 12-month target price of EUR 1.
H1 adjusted EBITDA turned positive at EUR 0.8 million from EUR -7.7 million, marking the first profitable first half.
Q2 adjusted EBITDA rose to EUR 6.1 million, lifting margin to 3.6% from 1.8% despite NMV slipping 0.6% to EUR 263 million.
FY26 constant-currency NMV growth guidance narrowed to -4% to 0%, while adjusted EBITDA guidance floor increased to EUR 18 million.
Pro-forma cash stood at EUR 105 million, with net cash of EUR 89 million; normalized free cash flow turned positive at EUR 1.8 million in Q2.

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. Global Fashion Group SA published the original content used to generate this news brief via EQS News (Ref. ID: rc_26532) on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NuWays keeps Buy on Global Fashion Group, price target EUR 1

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