Report
Adrian Gilani ...
  • Erik Cassel
  • Max Bacco

HANZA - Coming off a record year

Q1 report due on 3 Tuesday May Adj. EBITA lowered by 2% for ’22e, ’23e-’24e unchanged 12x ’22e EV/EBITA, ‘21-‘24e adj. EBITA CAGR of 14%
Underlying
Hanza Holding AB

Hanza Holding AB Formerly known as Hanza AB. Hanza Holding AB is a Sweden-based company operating as an industrial business partner providing manufacture services. It provides complete manufacture solutions in the areas of mechanics, electronics, cable harnesses and final assembly. The Company has two segments: Mechanics, further divided into Technology machining, which offers lathing, milling, electronic discharge machining and grinding, and Sheet metal work, for both thin and thick plates processing; and Electronics, divided into Printed Circuit Board (PCB), which offers assembly of both flexible boards and large PCBs, as well as services such as automated optical inspection and testing, and Technology cabling, which manufactures and supplies cables for all applications. The Company operates in Sweden, Finland, Estonia, Poland, Slovakia and China. Its customers include Atlas Copco, Ericsson, ABB, and Saab Defense.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
Adrian Gilani

Erik Cassel

Max Bacco

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