View ValuationLU-VE 将来の成長Future 基準チェック /36LU-VE利益と収益がそれぞれ年間17%と10.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に17.7% 16.7%なると予測されています。主要情報17.0%収益成長率16.72%EPS成長率Building 収益成長11.9%収益成長率10.1%将来の株主資本利益率17.67%アナリストカバレッジLow最終更新日22 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesBoard Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Carlo Paris was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Mar 20LU-VE S.p.A., Annual General Meeting, Apr 28, 2026LU-VE S.p.A., Annual General Meeting, Apr 28, 2026, at 09:30 W. Europe Standard Time.お知らせ • Mar 18LU-VE S.p.A. announces Annual dividend, payable on May 06, 2026LU-VE S.p.A. announced Annual dividend of EUR 0.4700 per share payable on May 06, 2026, ex-date on May 04, 2026 and record date on May 05, 2026.お知らせ • Sep 04+ 1 more updateLU-VE S.p.A. to Report Q3, 2025 Results on Nov 12, 2025LU-VE S.p.A. announced that they will report Q3, 2025 results on Nov 12, 2025お知らせ • Mar 19LU-VE S.p.A., Annual General Meeting, Apr 18, 2025LU-VE S.p.A., Annual General Meeting, Apr 18, 2025, at 09:30 W. Europe Standard Time.お知らせ • Mar 18LU-VE S.p.A. announces Annual dividend, payable on April 30, 2025LU-VE S.p.A. announced Annual dividend of EUR 0.4200 per share payable on April 30, 2025, ex-date on April 28, 2025 and record date on April 29, 2025.Reported Earnings • Nov 14Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €143.1m (down 1.3% from 3Q 2023). Net income: €6.34m (down 18% from 3Q 2023). Profit margin: 4.4% (down from 5.3% in 3Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Building industry in Europe.Reported Earnings • Sep 06Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €154.5m (down 8.5% from 2Q 2023). Net income: €8.74m (down 26% from 2Q 2023). Profit margin: 5.7% (down from 7.0% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Building industry in Europe.New Risk • May 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.8% Last year net profit margin: 7.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.8% net profit margin).Reported Earnings • May 14First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €141.9m (down 6.3% from 1Q 2023). Net income: €10.7m (up 69% from 1Q 2023). Profit margin: 7.5% (up from 4.2% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Building industry in Europe.Upcoming Dividend • Apr 29Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 06 May 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.8%).お知らせ • Apr 28LU-VE S.p.A., Annual General Meeting, Apr 29, 2024LU-VE S.p.A., Annual General Meeting, Apr 29, 2024.お知らせ • Apr 27+ 1 more updateLU-VE S.p.A. to Report Nine Months, 2024 Results on Nov 13, 2024LU-VE S.p.A. announced that they will report nine months, 2024 results on Nov 13, 2024New Risk • Apr 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.8% net profit margin).Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €23.05, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €18.55 per share.Buy Or Sell Opportunity • Mar 23Now 24% overvaluedThe stock has been flat over the last 90 days, currently trading at €22.50. The fair value is estimated to be €18.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 9.6% per annum over the same time period.Reported Earnings • Mar 14Full year 2023 earnings releasedFull year 2023 results: Revenue: €617.3m (flat on FY 2022). Net income: €29.7m (down 38% from FY 2022). Profit margin: 4.8% (down from 7.7% in FY 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Building industry in Europe.Buy Or Sell Opportunity • Jan 26Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 28% to €21.35. The fair value is estimated to be €17.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 53%. Revenue is forecast to grow by 8.9% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €22.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €17.51 per share.Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €144.1m (down 3.4% from 3Q 2022). Net income: €7.75m (down 35% from 3Q 2022). Profit margin: 5.4% (down from 8.0% in 3Q 2022). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Building industry in Europe.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €21.15, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €13.46 per share.Valuation Update With 7 Day Price Move • Oct 23Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €18.06, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €13.84 per share.New Risk • Oct 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (149% cash payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (5.4% net profit margin).Board Change • Oct 18Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Sep 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Sep 11Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €168.9m (flat on 2Q 2022). Net income: €11.8m (up 1.6% from 2Q 2022). Profit margin: 7.0% (up from 6.9% in 2Q 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Building industry in Europe.Board Change • Jul 19Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • May 17Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 26Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.業績と収益の成長予測DB:V92 - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20288347066108512/31/2027775615294512/31/202667748447853/31/2026623423058N/A12/31/2025605383667N/A9/30/2025592363664N/A6/30/2025588314569N/A3/31/2025583315877N/A12/31/2024589345777N/A9/30/2024591307094N/A6/30/2024593316294N/A3/31/2024608344078N/A12/31/2023617303571N/A9/30/2023614292062N/A6/30/202362133645N/A3/31/2023621332560N/A12/31/202261948-333N/A9/30/202260151-1712N/A6/30/202258247-198N/A3/31/202252740-52-24N/A12/31/202149224-920N/A9/30/202146220-1315N/A6/30/2021434142048N/A3/31/2021418121844N/A12/31/2020401101540N/A9/30/2020401141742N/A6/30/2020400181844N/A3/31/2020396182048N/A12/31/201939218N/A51N/A9/30/201936616N/A48N/A6/30/201934114N/A45N/A3/31/201932415N/A33N/A12/31/201830715N/A21N/A9/30/201829813N/A18N/A6/30/201829010N/A15N/A3/31/20182808N/A17N/A12/31/20172706N/A19N/A9/30/20172618N/A20N/A6/30/201725210N/A21N/A3/31/201724413N/A23N/A12/31/201623616N/A25N/A9/30/201622913N/A22N/A6/30/201622211N/A20N/A3/31/201621710N/A20N/A12/31/20152119N/A21N/A9/30/201521412N/A25N/A6/30/201521614N/A29N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: V92の予測収益成長率 (年間17% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: V92の収益 ( 17% ) はGerman市場 ( 17.1% ) よりも速いペースで成長すると予測されています。高成長収益: V92の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: V92の収益 ( 10.1% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: V92の収益 ( 10.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: V92の 自己資本利益率 は、3年後には低くなると予測されています ( 17.7 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/23 09:03終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋LU-VE S.p.A. 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関Michele BaldelliBNP ParibasLuigi De BellisEquita SIM S.p.A.Domenico GhilottiEquita SIM S.p.A.4 その他のアナリストを表示
Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Carlo Paris was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Mar 20LU-VE S.p.A., Annual General Meeting, Apr 28, 2026LU-VE S.p.A., Annual General Meeting, Apr 28, 2026, at 09:30 W. Europe Standard Time.
お知らせ • Mar 18LU-VE S.p.A. announces Annual dividend, payable on May 06, 2026LU-VE S.p.A. announced Annual dividend of EUR 0.4700 per share payable on May 06, 2026, ex-date on May 04, 2026 and record date on May 05, 2026.
お知らせ • Sep 04+ 1 more updateLU-VE S.p.A. to Report Q3, 2025 Results on Nov 12, 2025LU-VE S.p.A. announced that they will report Q3, 2025 results on Nov 12, 2025
お知らせ • Mar 19LU-VE S.p.A., Annual General Meeting, Apr 18, 2025LU-VE S.p.A., Annual General Meeting, Apr 18, 2025, at 09:30 W. Europe Standard Time.
お知らせ • Mar 18LU-VE S.p.A. announces Annual dividend, payable on April 30, 2025LU-VE S.p.A. announced Annual dividend of EUR 0.4200 per share payable on April 30, 2025, ex-date on April 28, 2025 and record date on April 29, 2025.
Reported Earnings • Nov 14Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €143.1m (down 1.3% from 3Q 2023). Net income: €6.34m (down 18% from 3Q 2023). Profit margin: 4.4% (down from 5.3% in 3Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Building industry in Europe.
Reported Earnings • Sep 06Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €154.5m (down 8.5% from 2Q 2023). Net income: €8.74m (down 26% from 2Q 2023). Profit margin: 5.7% (down from 7.0% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Building industry in Europe.
New Risk • May 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.8% Last year net profit margin: 7.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.8% net profit margin).
Reported Earnings • May 14First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €141.9m (down 6.3% from 1Q 2023). Net income: €10.7m (up 69% from 1Q 2023). Profit margin: 7.5% (up from 4.2% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Building industry in Europe.
Upcoming Dividend • Apr 29Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 06 May 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.8%).
お知らせ • Apr 28LU-VE S.p.A., Annual General Meeting, Apr 29, 2024LU-VE S.p.A., Annual General Meeting, Apr 29, 2024.
お知らせ • Apr 27+ 1 more updateLU-VE S.p.A. to Report Nine Months, 2024 Results on Nov 13, 2024LU-VE S.p.A. announced that they will report nine months, 2024 results on Nov 13, 2024
New Risk • Apr 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.8% net profit margin).
Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €23.05, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €18.55 per share.
Buy Or Sell Opportunity • Mar 23Now 24% overvaluedThe stock has been flat over the last 90 days, currently trading at €22.50. The fair value is estimated to be €18.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 9.6% per annum over the same time period.
Reported Earnings • Mar 14Full year 2023 earnings releasedFull year 2023 results: Revenue: €617.3m (flat on FY 2022). Net income: €29.7m (down 38% from FY 2022). Profit margin: 4.8% (down from 7.7% in FY 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Building industry in Europe.
Buy Or Sell Opportunity • Jan 26Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 28% to €21.35. The fair value is estimated to be €17.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 53%. Revenue is forecast to grow by 8.9% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.
Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €22.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €17.51 per share.
Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €144.1m (down 3.4% from 3Q 2022). Net income: €7.75m (down 35% from 3Q 2022). Profit margin: 5.4% (down from 8.0% in 3Q 2022). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Building industry in Europe.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €21.15, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €13.46 per share.
Valuation Update With 7 Day Price Move • Oct 23Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €18.06, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €13.84 per share.
New Risk • Oct 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (149% cash payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (5.4% net profit margin).
Board Change • Oct 18Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Sep 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Sep 11Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €168.9m (flat on 2Q 2022). Net income: €11.8m (up 1.6% from 2Q 2022). Profit margin: 7.0% (up from 6.9% in 2Q 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Building industry in Europe.
Board Change • Jul 19Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • May 17Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 26Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.