Report
Usama Tariq

Cabka NV : Lowering estimates in line with (FY24) guidance, Outperform intact

>Slightly lowering estimates in line with management’s new (FY24) guidance - Cabka recently reported its H1 sales at €92.3m, which was 10% year on year (yoy) and 5% below our expectations, whereas the key saving grace was a 4 percentage point (pp) increase in gross margins, a trend we expect to continue albeit with less relative change. With regards to guidance, the company indicates that it expects customer demand in some end markets (especially U.S) to remain muted ...
Underlying
CABKA N.V.

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
Usama Tariq

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