Report
Martijn Den Drijver

TKH GROUP NV : Preview 2023 results: 2023 targets likely to be met

>2023 guidance for EBITAe and adj. net profit to be met at low end of range - TKH will report 2023 results on March 5. We forecast 2023 sales of €1.83bn (company compiled css at €1.85bn), an EBITAe of €230m (in line with css and at the low end of the guidance of €230-€240m) and an adjusted net profit of €126.1m vs css of €126.8m (guidance of €126m to €134m). We are at the low end primarily due to a weak Smart Vision where we see (looking at what Zebra and Cognex repor...
Underlying
TKH Group N.V. Cert

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.

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
Martijn Den Drijver

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