Jensen-Group FIRST LOOK - New record levels in both revenue and profitability
We maintain our positive stance (Accumulate with a new Target Price to € 70 (was € 67.5)) as FY25 total order intake was up 2.7% y/y to € 531.4m creating a solid foundation for FY26. Jensen-Group highlighted that its continued financial growth confirms that its business model is both resilient and scalable.Jensen-Group and its subsidiaries are engaged in heavy-duty laundry activities. Through its Heavy-Duty Laundry Division, Co. supplies textile and garment services to textile rental operations, commercial laundries, on premise laundries for hotels, hotel chains, etc. and institutional laundries and central laundries. Under this division, Co. also operates a separate business unit serving the confectionery textile industry, marketing specialized folding equipment for finished products. Co.'s products include open-pocket washer extractors, split pocket washer extractors, continuous batch washers, batch transfer drying tumblers and flatwork ironers.
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