Pareto raises target price and reiterates Buy for Trelleborg ahead of report
The research house expects organic growth to decline 1 percent and an adjusted ebita margin of 17 percent, as well as a slightly better outlook for demand in Q1.
"Trelleborg continues to deliver on its strategy and has recently completed three add-on acquisitions (annual sales approximately SEK 600 million). Growth from M&A will amount to at least 3.5 percent in FY25 and we expect organic growth to amount to another 3 percent. Ebita margins should also increase in 2025 thanks to post-M&A synergies in TSS and a more stable performance in TMS," it said.
The share price rose 0.5 percent to 396.20 kronor.
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