TKH GROUP NV : Post Results Note: only minor changes to estimates
>Very modest changes to estimates - As the mathematical effect of price increases (no effect on gross profit in absolute terms) is not likely to abate soon, we are lowering our EBITA margin estimates for 2022 and 2023. But as the organic growth in 3Q22 was higher than expected and the order book increased, we up our sales forecast, resulting in only a modest decline in EBITA in absolute terms. We still assume a modest recession in 2023 and take a cautious approach to ...TKH Group creates and supplies Telecom, Building and Industrial Solutions. Telecom Solutions develops, produces and supplies systems ranging from outdoor infrastructure for telecom and CATV networks through to indoor home networking applications. Building Solutions develops, produces and supplies solutions in the field of electro-technology ranging from applications within buildings through to technical systems that - combined with software - provide solutions for the care and security sectors. Industrial Solutions develops, produces and supplies solutions ranging from specialty cable, "plug and play" cable systems through to integrated systems for the production of car and truck tires.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.