Report
Martijn Den Drijver

Aalberts : Preview FY2021: strong 2H 2021 expected

>Strong 2H2021 and FY2021 expected for Aalberts - Aalberts will report FY2021 results on February 24 before the close. An analyst call/webcast is scheduled for 09.00h CET. We forecast sales of €3.1bn with organic growth at 15.3% while consensus is at €2.9bn and organic growth of 15.4%. We expect EBITA to come in at €462m or a margin of 15.4% versus consensus at €442m or a margin of 14.8%. That is a clear step- up from 2019 when the EBITA margin was 12.8%. We forecast ...
Underlying
Aalberts N.V.

Aalberts Industries is a technology company. As of Dec 31 2015, Co. is organized into four businesses: building installations, which produces and sells connection systems and valves to distribute and control water or gas in heating, cooling, drinking water, gas and sprinkler installations in residential, commercial and industrial buildings; climate control, which develops and produces complete hydronic systems-from source to emitter- for heating and cooling systems; industrial controls, which develops and produces regulation and control systems for selected niche markets; and industrial services, which provides a combination of material technology know-how and manufacturing capabilities.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Martijn Den Drijver

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