Flügger (One-pager): EBIT guidance narrowed towards the top end
Read the latest Flügger One-pager following its H1'2024/25 earnings report, which includes a brief description of Flügger, valuation perspectives relative to a peer group, and several key investment risks and key investment reasons.
Flügger maintained its revenue guidance following H1'24/25, for DKK 2,200 – 2,400m while narrowing its Adj. EBIT guidance to DKK 85-95m from DKK 75-95m previously. Flügger achieved revenue of DKK 1,243 million in the first half of the year, corresponding to growth of 3.6% compared to the same period last year. EBIT came in at DKK 140 million or a margin of 11.3% compared to 8.8% last year. The growth and margin improvement was primarily driven by price increases against a backdrop of stable operating costs.
To learn more about Flügger, its performance YTD, and outlook for 2024/25 and beyond, read the full one-pager or join the upcoming presentation of the H1 2024/25 results with Flügger CEO Sune Schnack, and CFO Lucas Eichild. Monday 16th December 2024 14:30 CET (in Danish)
Sign up: https://www.inderes.dk/videos/flugger-praesentation-af-regnskabet-for-1-halvar-202425
Disclaimer: HC Andersen Capital receives payment from Flügger for a DigitalIR/corporate visibility subscription agreement. / Philip Coombes 15:25 13.12.2024
Flügger Group
Flügger Group offers products and services for the painting industry. The company manufactures, designs, and sells a wide range of paint, wood protection, putty, wallpaper, and work tools. Production is based on the Group's own factories, which are later sold via physical stores and via the company's e-commerce platform. The largest presence is in Scandinavia, Eastern Europe, and China, and the customers consist of both private actors and corporate customers.
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