Aktieanalys

DistIT: Leaving behind a tough 2023 - ABG

ABG Sundal Collier 26 Feb 07:26

'24e-'25e adj. EBIT down 5-3%
Successfully reducing excess working capital
'24e-'25e EV/EBIT of 37x-12x

Q4'23 results

Q4 was mostly in line with our expectations as sales were slightly weaker while EBIT was in line. In our opinion, the quarter was similar to the previous one: focus on destocking and continued consumer pessimism. Aurdel was slightly weaker than we expected on sales, and drove the majority of the minor sales miss. However, Aurdel's adj. EBIT was stronger than we anticipated. This is positive because it suggests that the company's cost control is bearing fruit. Finally, and of course importantly, the excess working capital continues to come down, and cash flow is improving.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/distit/Equity-research/2024/2/distit---leaving-behind-a-tough-2023/

Börskollens app – Högt betyg ⭐⭐⭐⭐⭐ och 250.000 nedladdningar

Ladda hem

Vårt nyhetsbrev – Utvalda börsnyheter och heta investeringscase varje vecka

Prenumerera

Nyheter om DistIT

Läses av andra just nu

Innehåller annonslänkar. Investeringar innebär risk (se här)

Tips: 50% rabatt hos fondroboten Opti

Dags att komma igång med sparande? Fondroboten Opti erbjuder en populär spartjänst som är perfekt för regelbundet månadssparande. Just nu får nya kunder som använder Börskollens unika kampanjkod BORSKOLLEN50 automatiskt 50 % rabatt på Optis avgift i 3 månader!