Exel Composites: Demand outlook most interesting part of the Q4 report
Exel publishes its Q4 report on Friday at 9.00 am EET. We expect Exel’s revenue to have fallen from the comparison period reflecting the moderate new orders and thinner order book of Q3. We estimate that EBIT has grown from the challenging comparison period. We have added the negative non-recurring items reported around the turn of the year to our estimates and revised our financial expense estimates for Q4. However, our operational estimates remain unchanged for the next few years.
Exel Composites
Exel Composites is a manufacturing company. The company manufactures and markets compound composites that are used in demanding industrial environments. In addition to the main business, lamination and extrusion are also performed. The largest presence is in 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 pageKey Estimate Figures14.02.2023
2021 | 22e | 23e | |
---|---|---|---|
Omsætning | 134,4 | 139,9 | 136,2 |
vækst-% | 23,75 % | 4,15 % | -2,70 % |
EBIT (adj.) | 6,0 | 9,0 | 9,1 |
EBIT-% (adj.) | 4,49 % | 6,45 % | 6,67 % |
EPS (adj.) | 0,29 | 0,68 | 0,49 |
Udbytte | 0,20 | 0,22 | 0,24 |
Udbytte % | 2,47 % | 10,53 % | 11,48 % |
P/E (adj.) | 27,53 | 3,07 | 4,27 |
EV/EBITDA | 11,20 | 3,69 | 5,31 |