Fredag i sidste uge havde vi fornøjelsen at afholde event med Gabriel, hvor CEO Anders Hedegaard Petersen sammen med Group Finance Director Peter Bach-Fisker, præsenterede årsregnskabet for 2023/24 og de nye forventninger til 2024/25. Fik du ikke set med kan du se optagelsen her.

Gabriel delivered its annual report FY’2023/24 following a delay to the report in November due to accounting irregularities in a Mexican subsidiary of the discontinuing FurnMaster business unit. Despite topline growth of 6.4% y/y and EBIT margin improvement in the continuing operations, ongoing challenging market conditions and short-term uncertainty relating to the discontinuing operations and carve-out process lead to near-term elevated risk in the case. See HCA’s analyst Philip Coombes’ thoughts on the results. Report: https://www.inderes.dk/research/gabriel-holding-fy202324-waiting-for-the-carve-out-to-unlock-value Disclaimer: HC Andersen Capital receives payment from Gabriel for a Digital IR agreement and research services. / Philip Coombes 14:35, 13/01/2025.

Gabriel ventes at offentliggøre sit årsregnskab for 2023/24 – onsdag d. 8. januar 2025. Senere i samme uge - fredag d. 10. januar kl. 10.00 har du mulighed for at høre mere om hvordan året er forløbet.

Dagens aktienyheder med Gabriel og SaaS sektoren

Dagens aktienyheder med Gabriel og Roblon

Following a delay in the publication of its 2023/24 annual report due to financial reporting challenges at its Mexican subsidiary, Gabriel’s FY’2023/24 results have been published. Group revenue was MDKK 912, within the guidance range of MDKK 880-930 and slightly below our estimate of DKKM 915. Operating profit (EBIT) was MDKK 10.9, also within the guidance range of DKK 8-15m and slightly below our estimate of DKK 12m. Despite solid topline growth in the continuing operations of 6.4% y/y, ongoing challenging market conditions and short-term uncertainty relating to the sale of its FurnMaster unit, lead us to reiterate our Reduce recommendation with a lower target price of DKK 195 (prev. DKK 225) per share following the restated numbers and updated FY’2024/25 estimates. Long-term potential remains, particularly as markets normalize, and as the carve-out of the FurnMaster business returns Gabriel’s focus back to its continued operations with a stronger balance sheet.

Dagens aktienyheder med Spar Nord, Gabriel, GrønlandsBANKEN og Roblon

Dagens aktienyheder med Gabriel og Roblon A/S

Dagens aktienyheder med SP Group, Gabriel, Pharma Equity Group, Curasight og Scandinavian Medical Solutions

Dagens aktienyheder med Gabriel, Impero og BioPorto

On Thursday, Gabriel announced that it is postponing its FY’23/24 financial reporting from 20 November 2024 to a date in 2025 (TBC by 8 January 2025 at the latest) due to financial reporting challenges in the Group’s Mexican subsidiary, including a key employee resignation and uncertainty surrounding the subsidiary’s inventories. Gabriel’s annual general meeting will be held on 29 January 2025. Gabriel also maintained its full-year expectations for the 23/24 financial year, against our expectations of an upgrade. The company also announced its new guidance for 24/25 on its ongoing operations, with the management still expecting challenging market conditions. We see a high degree of short-term uncertainty before the FY’23/24 report and more news about the FurnMaster business unit is announced. Based on the news, there is some downward pressure on our previous estimates and valuation, and we will update our estimates, target price, and recommendation for Gabriel in the coming days. 

Dagens aktienyheder med Scandinavian Medical Solutions og Gabriel