Gabriel Holding: Carve out of FurnMaster units and new growth strategy
Gabriel announced this morning that the company is initiating a carve-out of its FurnMaster business area, which holds a strong position in the furniture production market in Europe and the US. Gabriel no longer considers this business area to be within the company's growth strategic definition.
With this strategic initiative, Gabriel will focus and invest further in the company's core business and growth strategic areas, Gabriel Fabrics (textile business) and SampleMaster (sales promotion solutions and concepts). Gabriel's new growth strategy thus includes the implementation of a carve-out process, where the FurnMaster business area will be either wholly or partially sold.
The company will continuously update the market as the process progresses. The FurnMaster business was established in 2012, and Gabriel invested in the FurnMaster business in the USA in 2016, with further expansion in the US via the acquisition of Grupo RYL in 2019.
Disclaimer: HC Andersen Capital receives payment from Gabriel Holding for a corporate visibility and research agreement./ Philip Coombes 08:42 05.08.2024.
Gabriel Holding
Gabriel Holding er aktiv i tekstilindustrien. Virksomheden udvikler, designer og sælger møbelstoffer og beslægtede tjenester. En stor del af forretningen består af services inden for design og konstruktion og derudover leveres forretningssystemer og konsulentydelser inden for produktudvikling. I dag foregår driften globalt med den største koncentration på det europæiske marked. Hovedkontoret ligger i Aalborg.
Read more on company pageKey Estimate Figures30.06.2024
2023 | 24e | 25e | |
---|---|---|---|
Omsætning | 931,2 | 911,2 | 973,7 |
vækst-% | -12,57 % | -2,14 % | 6,86 % |
EBIT (adj.) | 15,9 | 12,9 | 45,1 |
EBIT-% (adj.) | 1,71 % | 1,42 % | 4,63 % |
EPS (adj.) | -2,29 | -1,78 | 14,53 |
Udbytte | 0,00 | 0,00 | 0,00 |
Udbytte % | |||
P/E (adj.) | - | - | 13,00 |
EV/EBITDA | 14,63 | 10,69 | 6,82 |