Report
Eric Wilmer

Knaus Tabbert AG : Reducing single supplier dependency

>Q2 2021 sales were soft, driven by supply chain issues - KTG’s Q2 2021 results were light versus our estimates (vs. ABN-ODDOe: sales -15%, EBITDA -11%; no consensus available) as the company sold fewer motorhomes than we had anticipated as a result of supply chain disruptions. Despite the company foreseeing that these issues would not be resolved before H1 2022, it did reiterate its guidance (20-22% yoy sales growth, albeit most likely at the lower end, and ~8% EBITD...
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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