New Risk • May 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 87% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 13% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Price Target Changed • May 05
Price target decreased by 13% to €24.75 Down from €28.50, the current price target is an average from 2 analysts. New target price is 29% above last closing price of €19.25. Stock is up 2.1% over the past year. Aankondiging • Apr 16
Indel B S.p.A., Annual General Meeting, May 25, 2026 Indel B S.p.A., Annual General Meeting, May 25, 2026, at 11:30 W. Europe Standard Time. New Risk • Apr 14
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 16% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Declared Dividend • Apr 13
Dividend reduced to €0.60 Dividend of €0.60 is 25% lower than last year. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 2.1% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend. Aankondiging • Apr 12
Indel B S.p.A. announces Annual dividend, payable on June 03, 2026 Indel B S.p.A. announced Annual dividend of EUR 0.6000 per share payable on June 03, 2026, ex-date on June 01, 2026 and record date on June 02, 2026. Reported Earnings • Apr 12
Full year 2025 earnings released Full year 2025 results: Revenue: €207.4m (up 3.9% from FY 2024). Net income: €20.3m (up 90% from FY 2024). Profit margin: 9.8% (up from 5.3% in FY 2024). Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Consumer Durables industry in Italy. New Risk • Apr 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.2% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Major Estimate Revision • Sep 23
Consensus EPS estimates increase by 11%, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €207.4m to €203.0m. EPS estimate rose from €1.88 to €2.09. Net income forecast to shrink 47% next year vs 22% growth forecast for Consumer Durables industry in Italy . Consensus price target broadly unchanged at €27.33. Share price was steady at €19.70 over the past week. Reported Earnings • Sep 19
First half 2025 earnings released First half 2025 results: Revenue: €106.4m (down 1.9% from 1H 2024). Net income: €20.4m (up 159% from 1H 2024). Profit margin: 19% (up from 7.3% in 1H 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in Italy. New Risk • Sep 17
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 14% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • Jun 24
New major risk - Revenue and earnings growth Earnings have declined by 4.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.8% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Aankondiging • Jun 13
Indel B S.p.A. (BIT:INDB) acquired remaining 50% stake in Indel Webasto Marine Srl from Webasto Roof & Components SE for €23.4 million. Indel B S.p.A. (BIT:INDB) acquired remaining 50% stake in Indel Webasto Marine Srl from Webasto Roof & Components SE for €23.4 million on June 13, 2025. A cash consideration of €23.41 million will be paid by Indel B S.p.A. As part of consideration, €23.41 million is paid towards common equity of Indel Webasto Marine Srl. The transaction leads Indel B to hold 100% of the Target, thanks to the purchase of the shareholding held by Webasto Roof & Components SE. The total consideration for the transaction amounts to Euro 23.41 million, calculated using a multiple of about seven times the Target company’s 2024 EBITDA, adjusted for the net financial position as of December 31, 2024. The payment of the consideration was settled in full today via bank transfer.
For the period ending December 31, 2024, Indel Webasto Marine Srl reported total revenue of €16.8 million, net income of €3.5 million and EBITDA of €3.2 million.
Indel B S.p.A. (BIT:INDB) completed the acquisition of remaining 50% stake in Indel Webasto Marine Srl from Webasto Roof & Components SE on June 13, 2025. Declared Dividend • May 28
Dividend of €0.80 announced Dividend of €0.80 is the same as last year. Ex-date: 2nd June 2025 Payment date: 4th June 2025 Dividend yield will be 3.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • May 27
Indel B S.p.A. announces Annual dividend, payable on June 04, 2025 Indel B S.p.A. announced Annual dividend of EUR 0.8000 per share payable on June 04, 2025, ex-date on June 02, 2025 and record date on June 03, 2025. Aankondiging • Apr 24
Indel B S.p.A., Annual General Meeting, May 23, 2025 Indel B S.p.A., Annual General Meeting, May 23, 2025, at 11:00 W. Europe Standard Time. Price Target Changed • Apr 22
Price target decreased by 7.1% to €26.67 Down from €28.70, the current price target is an average from 3 analysts. New target price is 41% above last closing price of €18.95. Stock is down 15% over the past year. The company is forecast to post earnings per share of €1.82 for next year compared to €1.96 last year. Reported Earnings • Apr 20
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: €1.96 (up from €1.85 in FY 2023). Revenue: €203.5m (down 8.0% from FY 2023). Net income: €10.7m (up 2.1% from FY 2023). Profit margin: 5.2% (up from 4.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.8%. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. New Risk • Apr 19
New major risk - Revenue and earnings growth Earnings have declined by 3.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.0% per year over the past 5 years. 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 (4.4% net profit margin). New Risk • Apr 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). 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 (4.4% net profit margin). Price Target Changed • Feb 24
Price target decreased by 7.1% to €27.87 Down from €30.00, the current price target is an average from 3 analysts. New target price is 24% above last closing price of €22.40. Stock is down 5.9% over the past year. The company is forecast to post earnings per share of €2.11 for next year compared to €1.85 last year. Reported Earnings • Sep 25
First half 2024 earnings released: EPS: €1.41 (vs €1.61 in 1H 2023) First half 2024 results: EPS: €1.41 (down from €1.61 in 1H 2023). Revenue: €108.5m (down 10.0% from 1H 2023). Net income: €7.89m (down 13% from 1H 2023). Profit margin: 7.3% (down from 7.5% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Aug 29
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at €23.00. The fair value is estimated to be €18.73, 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 declined by 4.8%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 17% per annum over the same time period. New Risk • Aug 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.5% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change). Upcoming Dividend • May 27
Upcoming dividend of €0.80 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (2.6%). Major Estimate Revision • Apr 19
Consensus EPS estimates fall by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €226.9m to €210.0m. EPS estimate also fell from €2.77 per share to €2.27 per share. Net income forecast to grow 27% next year vs 14% growth forecast for Consumer Durables industry in Italy. Consensus price target down from €30.00 to €28.70. Share price fell 5.1% to €22.40 over the past week. Price Target Changed • Apr 15
Price target decreased by 8.5% to €28.70 Down from €31.37, the current price target is an average from 3 analysts. New target price is 27% above last closing price of €22.60. Stock is down 8.1% over the past year. The company is forecast to post earnings per share of €2.27 for next year compared to €1.85 last year. Reported Earnings • Apr 14
Full year 2023 earnings released: EPS: €1.85 (vs €2.31 in FY 2022) Full year 2023 results: EPS: €1.85 (down from €2.31 in FY 2022). Revenue: €226.5m (up 1.4% from FY 2022). Net income: €10.4m (down 13% from FY 2022). Profit margin: 4.6% (down from 5.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year. Price Target Changed • Apr 03
Price target decreased by 8.0% to €30.00 Down from €32.60, the current price target is an average from 3 analysts. New target price is 29% above last closing price of €23.20. Stock is down 7.2% over the past year. The company is forecast to post earnings per share of €2.76 for next year compared to €2.31 last year. Reported Earnings • Oct 01
First half 2023 earnings released First half 2023 results: Revenue: €124.4m (up 6.5% from 1H 2022). Net income: €9.07m (up 47% from 1H 2022). Profit margin: 7.3% (up from 5.3% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Italy. Buying Opportunity • Aug 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 5.3%. The fair value is estimated to be €29.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings is also forecast to grow by 15% per annum over the same time period. Upcoming Dividend • May 29
Upcoming dividend of €0.80 per share at 3.2% yield Eligible shareholders must have bought the stock before 05 June 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (2.1%). Price Target Changed • Nov 16
Price target decreased to €26.80 Down from €31.00, the current price target is an average from 2 analysts. New target price is 12% above last closing price of €23.90. Stock is down 11% over the past year. The company is forecast to post earnings per share of €2.39 for next year compared to €4.25 last year. Board Change • Nov 16
Less than half of directors are independent There 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. 10 experienced directors. 1 highly experienced director. 2 independent directors (8 non-independent directors). President of Board of Statutory Auditors Sergio Marchese was the last 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. Price Target Changed • Sep 26
Price target decreased to €27.50 Down from €32.80, the current price target is an average from 2 analysts. New target price is 18% above last closing price of €23.40. Stock is down 14% over the past year. The company is forecast to post earnings per share of €2.61 for next year compared to €4.25 last year. Reported Earnings • Sep 25
First half 2022 earnings released: EPS: €1.09 (vs €2.87 in 1H 2021) First half 2022 results: EPS: €1.09 (down from €2.87 in 1H 2021). Revenue: €118.3m (up 24% from 1H 2021). Net income: €6.16m (down 63% from 1H 2021). Profit margin: 5.2% (down from 17% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Price Target Changed • Aug 17
Price target decreased to €28.00 Down from €32.80, the current price target is an average from 2 analysts. New target price is 17% above last closing price of €24.00. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of €2.55 for next year compared to €4.25 last year. Upcoming Dividend • May 30
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 06 June 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of Italian dividend payers (4.8%). Higher than average of industry peers (2.6%). Reported Earnings • Apr 27
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: €4.25 (up from €1.08 in FY 2020). Revenue: €188.3m (up 49% from FY 2020). Net income: €24.2m (up 292% from FY 2020). Profit margin: 13% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Over the next year, revenue is forecast to grow 6.4%, compared to a 11% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent There 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. 10 experienced directors. 1 highly experienced director. 2 independent directors (8 non-independent directors). President of Board of Statutory Auditors Sergio Marchese was the last 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 • Apr 24
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: €4.25 (up from €1.08 in FY 2020). Revenue: €188.3m (up 49% from FY 2020). Net income: €24.2m (up 292% from FY 2020). Profit margin: 13% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Over the next year, revenue is forecast to grow 6.4%, compared to a 11% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improved over the past week After last week's 16% share price gain to €25.80, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Consumer Durables industry in Italy. Total returns to shareholders of 18% over the past three years. Reported Earnings • Sep 22
First half 2021 earnings released: EPS €2.87 (vs €0.50 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €95.9m (up 68% from 1H 2020). Net income: €16.4m (up 474% from 1H 2020). Profit margin: 17% (up from 5.0% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 7% per year, which means it is performing significantly worse than earnings. Price Target Changed • Sep 21
Price target increased to €32.80 Up from €29.40, the current price target is an average from 2 analysts. New target price is 20% above last closing price of €27.30. Stock is up 77% over the past year. Price Target Changed • Sep 15
Price target increased to €30.80 Up from €27.83, the current price target is an average from 2 analysts. New target price is 21% above last closing price of €25.50. Stock is up 54% over the past year. Upcoming Dividend • May 20
Upcoming dividend of €0.52 per share Eligible shareholders must have bought the stock before 26 May 2021. Payment date: 28 May 2021. Trailing yield: 2.1%. Lower than top quartile of Italian dividend payers (3.8%). Higher than average of industry peers (1.6%). Price Target Changed • Apr 23
Price target increased to €30.83 Up from €28.50, the current price target is an average from 2 analysts. New target price is 28% above last closing price of €24.10. Stock is up 69% over the past year. Major Estimate Revision • Apr 23
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €139.4m to €149.0m. EPS estimate fell from €1.99 to €1.76 per share. Net income forecast to grow 77% next year vs 53% growth forecast for Consumer Durables industry in Italy. Consensus price target up from €25.73 to €27.83. Share price fell 6.6% to €24.10 over the past week. Reported Earnings • Apr 20
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €124.3m (down 18% from FY 2019). Net income: €6.20m (down 61% from FY 2019). Profit margin: 5.0% (down from 10% in FY 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Feb 15
New 90-day high: €25.80 The company is up 42% from its price of €18.20 on 17 November 2020. The Italian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.62 per share. Is New 90 Day High Low • Jan 27
New 90-day high: €24.60 The company is up 47% from its price of €16.75 on 28 October 2020. The Italian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.56 per share. Is New 90 Day High Low • Jan 08
New 90-day high: €23.10 The company is up 30% from its price of €17.80 on 09 October 2020. The Italian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.57 per share. Is New 90 Day High Low • Nov 16
New 90-day high: €18.10 The company is up 16% from its price of €15.65 on 18 August 2020. The Italian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.46 per share. Is New 90 Day High Low • Oct 06
New 90-day high: €17.70 The company is up 10.0% from its price of €16.15 on 08 July 2020. The Italian market is down 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.52 per share. Major Estimate Revision • Oct 02
Analysts increase revenue estimates to €110.7m The 2020 consensus revenue estimate increased from €92.1m. Earning per share (EPS) estimate also increased from €0.14 to €0.71 for the same period. Net income is expected to shrink by 31% next year compared to 6.9% decline forecast for the Consumer Durables industry in Italy. The consensus price target increased from €19.13 to €23.43. Share price is up 14% to €17.60 over the past week. Reported Earnings • Sep 29
First half earnings released Over the last 12 months the company has reported total profits of €10.1m, down 29% from the prior year. Total revenue was €124.8m over the last 12 months, down 18% from the prior year. Reported Earnings • Sep 28
First half earnings released Over the last 12 months the company has reported total profits of €10.1m, down 29% from the prior year. Total revenue was €125.8m over the last 12 months, down 17% from the prior year.