Report
Ebusco - Positive EBITDA in 2023 no longer realistic
Ebusco issued a profit warning, stating that is no longer realistic to expect a positive EBITDA for 2023 after the EUR -44m in EBITDA in H1-23.Based on guidance so far, we and Bloomberg CSS were still aiming for a positive EBITDA, although the share price already reflected a miss.We will review our estimates and put our TP and rating under review
Underlying
EBUSCO HLDG NV
Provider
Degroof Petercam
We are an investment house with Belgian roots founded on more than 150 years of trust.
As a private company owned by long-term committed shareholders, we are independent. Naturally and structurally. Our experts have the knowledge to think and act without bias, and to make decisions that benefit our clients. Today and tomorrow.
Fernand de Boer
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