NCTE Cuts 2026 Revenue Forecast to EUR 4 Million–4.2 Million
Bitget2026/10/29 09:49- NCTE cut 2026 revenue guidance to EUR 4 million–EUR 4.2 million from EUR 4.4 million–EUR 5.4 million.
- Expected EBITDA now ranges from negative EUR 1.1 million to negative EUR 900,000, versus negative EUR 500,000 to positive EUR 100,000 previously.
- New orders are taking longer to generate revenue; existing framework contracts in agricultural technology and e-bikes were not renewed.
- Restructuring will eliminate roughly one-third of jobs, mainly in production and operations, with severance planned for affected employees.
- Development, innovation and customer-facing sales will remain largely intact, preserving ongoing innovation projects while lowering costs.
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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