SKAKO: Targeted growth strategy with greater margins following sale of SKAKO Concrete
Read the latest SKAKO One-pager update following the FY 2023 results, and sale of SKAKO Concrete. The One-pager includes a brief description of SKAKO, an update to the market outlook, latest financials, valuation perspectives relative to a peer group, and outlines several key investment risks and key investment reasons.
SKAKO moves beyond its sale of SKAKO Concrete and is focused on the continuing operations of SKAKO Vibrations across its three business segments, Recycling, Minerals, and Fasteners. The company outlined guidance FY 2024 for 5-9% revenue growth and an EBIT, before special items of DKK 24-28m, around a 9-11% margin. In addition its ambitions towards 2028 are for 50% group revenue growth by 2028, with EBIT margins around 10%.
Watch the latest FY 2023 event hosted by SKAKO CEO Lionel Girieud and CFO Thomas Pedersen to learn more about SKAKO and its new outlook following the sale of SKAKO Concrete.
Link: https://www.inderes.dk/videos/skako-presentation-of-fy-2023
Disclaimer: HC Andersen Capital receives payment from SKAKO for a DigitalIR/corporate visibility subscription agreement./ Philip Coombes 12:25 08/05/2024
SKAKO
SKAKO är verksamt inom den industriella sektorn. Bolagets affärsinriktning är att erbjuda maskiner och vibrationsutrustning till den tyngre industriella sektorn. Exempel på produkter och tjänster som bolaget levererar inkluderar vibrationsmaskiner vid utfodring samt betonglösningar. Verksamhet innehas idag på global nivå. Bolaget grundades 1963 och har sitt huvudkontor i Fåborg.
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