Report
Eric Wilmer

Knaus Tabbert AG : FY21 in line with guidance; guides for “significant FY22 improvement”

>FY21 as guided; higher divi - Most already known from previous releases with sales up 8.6% to € 862.5m (at par with cons) and EBITDA at € 60.7m or 7% margin (again in line with cons). Proposed divi (€ 1.50) better than cons (€ 1.34) with – in line with previous communication (eg forum and road shows) – FY22 sales and EBITDA to be ‘significantly higher’ than FY21: cons pencils in 18% sales growth and 43% EBITDA growth (AAOBe: +36%). Company managed to produce from its...
Underlying
Knaus Tabbert

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
Eric Wilmer

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