Report
hGears : 2024 not expected to be the year of recovery, TP to €2.80
>Preview 20223 results – preliminary results already published - hGears will report full 2023 results on March 27 at 07.30h CET. However, the company has already released preliminary sales (€113m), EBITDA (€5.6m) and FCF (€-3.1m), which were in line (EBITDA) or better (FCF) than expected. There will be more granular data on sales per segment (E-mobility still the main culprit for the decline in sales, we assume, next to a weak E-tools) as well as the details on workin...
Underlying
HGEARS AG
Provider
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.
Martijn Den Drijver
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