Record quarterly EBIT, improving operations
Summary: Waberer’s reported strong Q2/25 results today. The company posted recordquarterly EBIT of EUR 18mn (+68% YoY) on consolidated revenues of EUR 203mn
(+7.2%YoY). Logistics saw a slight decrease compared to the base period, with EBIT
decreasing by EUR 0.4mn to EUR 7.1mn in the second quarter. Logistics revenues also fell,
due to the lower fleet size of LINK. The Insurance segment continues to drive growth, with
Q2 segment EBIT reaching EUR 11mn. Growth was mainly driven by the Posta Biztosítók
acquisition, while management underlines the rapid efficiency improvement of the segment.
Furthermore, Gránit was also able to increase results organically. Leverage decreased
significantly to 1.4x, due to the strong sales of a one-time payment life insurance product.
Adjusted ND/EBITDA would be 2.1x. H1 EPS came in at HUF 480. The management
reiterated the FY25 EUR 50mn+ EBIT guidance.
Waberer's International Nyrt, formerly Waberer's International Zrt, is a Hungary-based company engaged in the provision of the transportation services in the region of Central and Eastern Europe. The Company provides international road transportation, forwarding of LTL and groupage cargo, overseas and air transportation management, customs services, vehicle repair, second hand vehicle sales and logistics services. The Company operates also through subsidiaries, including Waberer's Logisztika Ltd that is charge of domestic transportation activities and operates with four divisions - gas, food, dry-cargo transportation and large truck operation, and H-Rapid service that operates within the dry-cargo division, delivering freight to its destination within 24 hours. Waberer's International Nyrt manages also subsidiaries in Romania, Poland and Slovakia as well as in the western region, in Spain and Germany.
Concorde Securities Ltd. is Hungary’s leading independent company engaged in investment banking activities. It provides its clients with integrated financial services, including securities trading, research, corporate financing advisory, capital market transactions, wealth management and investment advisory. The operational management of the company is the responsibility of the CEO, while the owners/managers (who control one-third of the company through their shares and options) are in charge of its strategic governance. Concorde Securities Ltd. is a member of the Budapest, Frankfurt, Warsaw and Bucharest stock exchanges, as well as of the Hungarian Association of Investment Service Providers.
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