Report
Anis Zgaya ...
  • Louis Boujard, CFA

Encavis AG : A positive newsflow and we still see some upside!

>2022 guidance could be considered a little cautious - At this stage, several reasons suggest that the group could exceed its 2022 guidance (sales >€ 380m, EBITDA >€ 285m and EPS at € 0.51): 1/ guidance factors in “standard” weather, noting that the weather was good in Q1 2022 vs Q1 2021 (production up 21% in Germany vs Q1 2021). It is too early to make a definitive judgement on the weather, but it is off to a very good start; 2/ the guidance factors in the market pri...
Underlying
Encavis AG

Capital Stage is an investment company based in Germany. Co. is engaged in investing in small and medium sized enterprises.

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
Anis Zgaya

Louis Boujard, CFA

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