Aalberts

02/02/23 -"We believe costs in 2022 and beyond will turn out to be €50m lower than expected as a €50m one-off cost in 2021 had been counted as recurring up to now. "

PDF page sample
Pages
54
Language
English
Published on
02/02/23
Download
You may also be interested by these reports :
22/03/23
A special set of numbers – 2022 EBITDA above, 2024 guidance slightly below consensus average – A solid industrial business
21/03/23
Upgrade to Buy
20/03/23
Nel’s 2022 results were ahead of expectations on revenues and orders but below on profitability. Order and revenue growth were supported by growing ...
20/03/23
The main driver of our target price change is the DCF with marginal contributions from the NAV and peer-based metrics.

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.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO