Sabadell - Global Dominion Access SA (DOM) GLOBAL DOMINION: PLAN 2023-26 - SIN GRANDES SORPRESAS (ANÁLISIS BANCO SABADELL)

Report

Sabadell

Luis Arredondo

EUR 200.00 For Business Accounts Only

GLOBAL DOMINION: PLAN 2023-26 - SIN GRANDES SORPRESAS (ANÁLISIS BANCO SABADELL)

Plan estratégico 2023-26: Sin grandes sorpresas. COMPRAR
Su PE 2023-26 marca como objetivo un EBITDA’23 de 150 M euros (vs 132 M consenso) impulsado por la consolidación de su filial IPP de renovables. A medio plazo un crecimiento en ventas superior al >+5% TACC’23-26 (vs +5,3% BS(e)) y del +>7% en EBITDA (vs +6,3% BS(e)). Apunta a una DFN “cero” en 2026 y reitera el payout de 1/3 del BDI. En renovables, mantendrá participaciones minoritarias en sus concesiones sin descartar ventas puntuales para generar caja y cristalizar valor. Revisaremos estimaciones para adaptarnos al guidance, sin impacto relevante esperado en P.O. Seguimos viendo potencial por valoración, aunque pensamos que necesitará hacer delivery en su nuevo enfoque para cerrar el descuento.

18/05/2023 1 ES

Underlying

Global Dominion Access SA

Global Dominion Access SA is a Spain-based company primarily engaged in the construction and engineering sector. The Company's activities are divided into two segments: Multi-technological Services, which offers design, implementation and maintenance of fixed and mobile telecommunications networks, manages sales and distribution processes for telecommunications carriers, as well as renders of inspection, maintenance, repair and renovation services for industrial and energy firms, and Solutions and EPCs, which executes turnkey Engineering-Procurement-Construction (EPC) projects, provides construction, repair and renovation of industrial heating installations, as well as develops processes and other technological and business solutions in numerous sectors. Its services are provided in three areas: Technology and Telecommunications (T&T), Industry and Renewable energies. It operates worldwide in Europe, the Americas, Asia and Africa. The Company is a subsidiary of CIE Automotive SA.

See profile

ES0105130001 Madrid Stock Exchange Spain

Provider

Sabadell

See profile

Analysts

Luis Arredondo

Other Reports on these Companies

Sabadell

GLOBAL DOMINION: 1Q’25 RESULTS (ANÁLISIS BANCO SABADELL)

1Q'25 vs. 1Q'24 Results Sales: € 264.1 M (-6.7% vs. -6.2% BS(e) and -6.9% consensus); EBITDA: € 35.9 M (+3.2% vs. +3.0% BS(e) and +2.9% consensus); EBIT: € 19.8 M (+2.1% vs. +1.8% BS(e) and +2.1% consensus); Net Profit: € 9.1 M (+24.7% vs. +19.8% BS(e) and +19.2% consensus);

EUR 100.00

May 6, 2025 May 6, 2025 1 EN

Sabadell

GLOBAL DOMINION: RDOS. 1T’25 (ANÁLISIS BANCO SABADELL)

Rdos. 1T'25 vs 1T'24: Ventas: 264,1 M euros (-6,7% vs -6,2% BS(e) y -6,9% consenso); EBITDA: 35,9 M euros (+3,2% vs +3,0% BS(e) y +2,9% consenso); EBIT: 19,8 M euros (+2,1% vs +1,8% BS(e) y +2,1% consenso); BDI: 9,1 M euros (+24,7% vs +19,8% BS(e) y +19,2% consenso);

EUR 100.00

May 6, 2025 May 6, 2025 1 ES

Sabadell

GLOBAL DOMINION: 4Q’24 RESULTS (ANÁLISIS BANCO SABADELL)

4Q'24 vs. 4Q'23 Results Sales: € 296.66 M (-13.2% vs. -7.3% BS(e) and -5.1% consensus); EBITDA: € 43.2 M (-2.9% vs. -3.9% BS(e) and -3.4% consensus); EBIT: € 25.67 M (+3.5% vs. -1.8% BS(e) and +0.4% consensus); Net Profit: € 11.09 M (-34.7% vs. -42.0% BS(e) and -44.7% consensus); FY2024 vs. FY2023 Results Sales: € 1.153 Bn (-3.3% vs. -1.6% BS(e) and -1.0% consensus); EBITDA: € 150.7 M (+4.0% vs. +3.7% BS(e) and +3.9% consensus); EBIT: € 84.27 M (+7.1% vs. +5.4% BS(e) and +6.1% consensus); Net Profit: € 31.19 M (-29.6% vs. -32.4% BS(e) and -33.4% consensus);

EUR 100.00

February 26, 2025 February 26, 2025 1 EN

IBERIAN DAILY 13 JUNE (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ANNUAL SPANISH MARKET REPORT, ELECTRICITY SECTOR. Despite the corrections, the Ibex remains at 14,000 points Despite the trade agreement between the US and China, the 55% tariffs to the Asian country failed to provide optimism on Euroepan markets, hit this time by the increased geopolitical tensions in the Middle East. In the STOXX 600, the best-performing sectors were Energy (for the third consecutive session in view of the hike in Brent crude prices) and Utilities whereas Travel&Leisure and Basic Resources ended with the biggest drops. On the macro side, in the US, May’s prod...

EUR 100.00

June 13, 2025 June 13, 2025 1 ES

Research Department

Research Department

SEMANAL MERCADOS: TECNOLOGÍA, OPORTUNIDAD A LARGO PLAZO (ANÁLISIS BANCO SABADELL)

El sector Tecnología del STOXX 600 acumula en el año un +6,2% (vs +9,0% STOXX 600) pero desde los mínimos de abr’25 el outperformance frente al índice es del +6,4%. El sector tiene una elevada correlación con la actividad y negativa con el riesgo, por lo que el entorno invita a mantener la cautela a corto plazo (ante un empeoramiento de datos macro y repunte de la volatilidad), sobre todo cuanto en términos de valoración el sector cotiza a niveles ajustados. Por el lado positivo, y con una perspectiva a más largo plazo, el desarrollo de la IA y las crecientes necesidades de centros de datos se...

EUR 100.00

June 12, 2025 June 12, 2025 1 ES

Research Department

Research Department

BANCO SABADELL RECOMMENDED PORTFOLIO WEEK 04 TO 11 JUNE 2025 (ANÁLISIS BANCO SABADELL)

European Portfolio No changes this week. European High Yield Portfolio AB Inbev, Air Liquide, Airbus, ASML & AXA No changes this week. Spanish Recommended Portfolio We replace Endesa with Enagás. 5-Stock Recommended Portfolio Cellnex, Ferrovial, IAG, Indra & Merlin No changes this week. 5 High-Yield Stock Portfolio Acciona, Colonial, Iberdrola, Mapfre & Redeia No changes this week. Mid&Small Recommended Portfolio CAF, CIE Automotive, Enagás, Ence, Fluidra, Global Dominion, Indra, Meliá, Sacyr & Viscofan No changes this week.

EUR 100.00

June 12, 2025 June 12, 2025 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

GLOBAL DOMINION: PLAN 2023-26 - SIN GRANDES SORPRESAS (ANÁLISIS BANCO SABADELL)

GLOBAL DOMINION: 1Q’25 RESULTS (ANÁLISIS BANCO SABADELL)

GLOBAL DOMINION: RDOS. 1T’25 (ANÁLISIS BANCO SABADELL)

GLOBAL DOMINION: 4Q’24 RESULTS (ANÁLISIS BANCO SABADELL)

IBERIAN DAILY 13 JUNE (ANÁLISIS BANCO SABADELL)

SEMANAL MERCADOS: TECNOLOGÍA, OPORTUNIDAD A LARGO PLAZO (ANÁLISIS BANCO SABADELL)

BANCO SABADELL RECOMMENDED PORTFOLIO WEEK 04 TO 11 JUNE 2025 (ANÁLISIS BANCO SABADELL)

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe