Kempower: Strikes delay deliveries
Kempower lowered its quarterly guidance for Q1 but kept its full-year 2024 guidance unchanged. We do not believe that the setback will have a significant impact on the value of the stock. As we wrote in our previous update, we see some uncertainty in the guidance for 2024 as a whole related to market developments and the ramp-up of deliveries from the two new plants. We believe that the company’s long-term competitiveness remains strong and that the likelihood of continued rapid growth in the coming years is high.
Kempower
Kempower is active in the industrial sector. The company is a developer of charging solutions and services with a focus on the automotive sector. The range mainly includes charging posts, stations, sockets, and associated electronic equipment. In addition to the main business, various aftermarket services and technical support are offered. The largest operations are in the Nordic countries and Europe.
Read more on company pageKey Estimate Figures25.03
2023 | 24e | 25e | |
---|---|---|---|
Revenue | 283.6 | 377.2 | 486.6 |
growth-% | 173.75 % | 33.00 % | 29.00 % |
EBIT (adj.) | 40.7 | 31.8 | 61.1 |
EBIT-% (adj.) | 14.35 % | 8.42 % | 12.56 % |
EPS (adj.) | 0.61 | 0.48 | 0.89 |
Dividend | 0.00 | 0.00 | 0.00 |
Dividend % | |||
P/E (adj.) | 51.96 | 21.03 | 11.25 |
EV/EBITDA | 35.76 | 10.90 | 5.93 |