Purmo: Performance starting to improve
Af Rauli Juva
Purmo's Q4 was slightly below our expectations, but the guidance of a potentially growing result this year was a positive surprise for us. We raised our adjusted EBITDA forecasts by 2-3% for 2024-25.
Purmo Group
6,9
8
Køb
Køb
Purmo Group develops solutions for indoor climate. The company provides heating and cooling solutions for residential buildings and premises, including radiators, towel warmers, underfloor heating, convectors, valves, and controls. The business is divided into a number of business areas and the solutions are used in industry and the real estate industry. Customers are found on a global level with the largest concentration in Europe. The products are aimed at corporate and private customers.
Read more on company pageKey Estimate Figures13.02
2023 | 24e | 25e | |
---|---|---|---|
Omsætning | 743,2 | 708,0 | 733,7 |
vækst-% | -17,80 % | -4,74 % | 3,63 % |
EBIT (adj.) | 55,4 | 68,0 | 73,2 |
EBIT-% (adj.) | 7,45 % | 9,60 % | 9,98 % |
EPS (adj.) | 0,68 | 0,85 | 0,92 |
Udbytte | 0,35 | 0,35 | 0,37 |
Udbytte % | 5,21 % | 3,56 % | 3,76 % |
P/E (adj.) | 9,82 | 11,61 | 10,67 |
EV/EBITDA | 12,03 | 8,04 | 6,21 |