Report
Fabian Semon

INDUS Holding AG : Execution makes progress – We expect >€ 30m structural EBIT relief from FY 2023 onwards, while FY 2022 is burdened by one-offs due to S.M.A.

>Final decision made on SMA, temporarily weighing on FY 2022 EBIT - INDUS Holding adjusts its FY 2022 EBIT forecast by -50% at mid-point to  €46m - € 61m (was € 100-€ 115m) on € 53m (net) non-cash impairments for the holding company S.M.A. in the Automotive Technology segment. INDUS already alluded back in September to ongoing intensive negotiations with its major customers on a price adjustment of the existing supply contracts. As testified by today´s statement, t...
Underlying
INDUS Holding AG

Indus Holding is a holding company. Co., through its subsidiaries, is engaged in the acquisition of profitable mid-sized industrial enterprises and optimizing their business growth. Co.'s portfolio companies are organized into five segments: Construction/Infrastructure, Automotive Technology, Engineering, Medical Engineering/Life Science and Metals Technology. The Construction/Infrastructure segment comprises nine operating units; the Automotive Technology segment comprises ten operating units; the Engineering segment comprises nine operating units; the Medical engineering/Life Science segment is made up of three companies; and the Metals Technology segment encompasses nine operating units.

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
Fabian Semon

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