Update following 9M24

25/11/24 -"We have updated the NAV based on our 2025 estimates: With ERG now adopting a "value over volumes" approach, we continue to forecast cumulative EBITDA growth of 10% over 2024–2026 but have revised our ..."

Executive summary
Conflict of interest

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English

Published on

25/11/24

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EXECUTIVE SUMMARY

Updates

Pension Risks

Target & Opinion

Governance & Management

Business & Trends

Graphics : Momentum

Money Making

Graphics : MACD & Volumes

Debt

Graphics : Sensitivities

Valuation

Sector: Performance

DCF

Sector: Key data

NAV/SOTP

Sector: Ratios & Valorisation

Worth knowing

Sector: Peers

Financials

Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

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Analyst ownership

Advising of corporate (strategy, marketing, debt, etc)

Research paid for by corporate

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