Dist IT: Charging its strategic plan to 2025 - SEB

DistIT Group has announced the acquisition of Efuel, a Swedish market leader (30% share) within the electrical vehicle (EV) charging segment. Integrating the value chain implies higher margins. Being also one of DistIT’s largest customers, we view the risk/reward of the transaction as more attractive. After incorporating guidance for Efuel P&Ls (“70-100% annual growth”), we raise our 2022-23 estimates. Our new mid-point equity value is SEK 180.

Länk till analysen i sin helhet: https://research.sebgroup.com/corporate/reports/110100