European Mid-Caps Reaffirm 2026 Guidance Despite Market Headwinds
Key Facts
Gurit reported net sales of CHF 239.5 million for the first nine months of 2026 and reaffirmed its full-year financial outlook, according to Benzinga. Similarly, Nexity confirmed its full-year 2026 guidance despite navigating a challenging market cycle, while Groupe Guillin posted a net income of €25.2 million for the first half of 2026, supported by a 6.9% increase in revenue.
Nexity's Planning and Development division saw revenue decline by 20% to €1.295 billion in the first nine months of 2026 compared to the same period in 2025. Company data released on October 22, 2026, highlighted that household borrowing capacity has been pressured by rising long-term interest rates, with the average mortgage rate reaching 3.40% in September, up 15 basis points since June.