Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Transcripts
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Research

Exel Composites: Growth and repair kits

Exel Composites
Download report (PDF)

Yesterday, Exel published its contrasted Q3 report. The company's volume growth remained strong, but major challenges facing the US unit ruined short-term earnings performance. We consider these problems to be temporary, even though there is uncertainty about how long they will take to solve. We see the annual return expectation as adequate.

Exel Composites is a manufacturing company. The company manufactures and markets composites used in demanding industrial environments. In addition to its core business, lamination and extrusion are also performed. The largest operations are found around Europe and Asia with customers in the manufacturing and aerospace industries. Exel Composites was founded in 1960 and is headquartered in Vantaa.

Read more on company page

Key Estimate Figures05.11.2021

202021e22e
Revenue108.6128.7134.6
growth-%4.6 %18.5 %4.6 %
EBIT (adj.)9.76.59.8
EBIT-% (adj.)8.9 %5.0 %7.3 %
EPS (adj.)0.110.070.13
Dividend0.050.040.06
Dividend %2.7 %10.3 %13.8 %
P/E (adj.)15.75.63.2
EV/EBITDA7.85.43.1

Forum discussions

Here are Aapeli’s comments on Exel’s new framework agreement The new significant framework agreement includes deliveries of composite cores ...
yesterday
by Sijoittaja-alokas
7
There’s a bit of upward pressure in the forecasts now. Interesting to see if this finally starts to translate into the EPS line next year.
12/17/2025, 8:33 AM
by TitoK
7
Good morning, forum members! More good news for the end of the year, even more composite cores are heading to Italy. https://www.inderes.fi/...
12/17/2025, 7:03 AM
by Lauri Haavisto
19
Interesting. We’ll find out next week. Wild guess: Aktia wanted to lighten its position and Erkki bought.
11/28/2025, 8:15 AM
by Mikko Marttinen
2
Did I see correctly that there was a 600k block trade on Exel today? Is there any information about this?
11/27/2025, 10:29 AM
by RationalBull
3
Muoviteollisuus ry LMS: Paluu tulevaisuuteen - Muoviteollisuus ry Vuoden 2025 LMS: Paluu tulevaisuuteen It must have been quite an interesting...
11/18/2025, 9:16 AM
by RationalBull
2
Tekniikka&Talous – 17 Nov 25 Tuulivoimajätti jakelee potkuja – 900 joutuu lähtemään Tekniikka&Talous tarjoaa oivalluksia, näköaloja ja hyötytietoa...
11/17/2025, 1:09 PM
by RationalBull
1
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.