Flügger (One-pager): Poland remains the growth driver in Q3
Read the latest Flügger One-pager following its Q3'2024/25 trading update, 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 guidance following Q3'24/25, for revenue of DKK 2,200 – 2,400m, and an adj. EBIT DKK 85-95m, which was narrowed in connection with Q2, from DKK 75-95m previously.
Overall, revenue for the first 3 quarters of the financial year amounted to DKK 1,690 million compared to DKK 1,641 million in the same period last year, corresponding to revenue growth of 3%, of which 2% points are organic growth. The growth is particularly driven by good development in the Polish market, which is now marginally larger than the Swedish market in terms of revenue, and only surpassed by the Danish market.
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 Q3’2024/25 results with Flügger CEO Sune Schnack, and CFO Lucas Eichild. At 13:00 25 March 2025 CET (in Danish).
Link: https://www.inderes.dk/videos/flugger-praesentation-af-kvartalsopdatering-for-3-kvartal-202425
Disclaimer: HC Andersen Capital receives payment from Flügger for a DigitalIR/corporate visibility subscription agreement. / Philip Coombes 09:20 25.03.2025
Flügger Group
Flügger udvikler, producerer, markedsfører og sælger indendørs og udendørs maling, træbejseprodukter, spartelmasse og værktøj, der sælges til professionelle malere, private kunder og byggemarkeder. Flügger er grundlagt i Danmark, og er noteret på Nasdaq OMX Københavns Fondsbørs. Flügger har en stærk markedsposition på de nordiske markeder, hvor virksomheden er markedsleder i Danmark og med førende positioner i de øvrige nordiske lande. De fysiske Flügger Farver butikker er velkendte i hele Norden, og er virksomhedens primære salgskanal. Flügger har også salg af private label produkter via byggefirmaer, ligesom selskabet arbejder på forskellige e-handelsmuligheder. Flüggers position i Norden er relativt stabil, mens virksomheden er vokset via eksportmarkeder og egen tilstedeværelse i Østeuropa, bl.a. med en lang historie i Polen og via opkøbene af Unicell og Eskaro.
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