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Verve Q2 gross margin up to 40%; H2 outlook more cautious

Verve Group SE logoVerve Group SE
Sig2.35Sen+1.65Env0.00Soc0.00Gov0.00

Verve Group Q2 results largely matched expectations, with gross margin rising to 40% from 33% a year earlier. Trading in Q3 improved and the 2026 guidance was kept unchanged, though commentary for the second half turned more cautious as the hurdle increased. Forecasts were adjusted toward the lower end of the range and the price target was lowered to €4.

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