LOGISTA: MESSAGES FROM THE FY2021 RESULTS CONFERENCE CALL AND T.P. INCREASE (ANÁLISIS BANCO SABADELL)
Highlights from the FY2021 results conference call:
Guidance: The company forecasts medium single-digit growth in EBIT. We have raised our adjusted EBIT growth estimates for 2022e and 2023e by +9% and +6%, respectively, to price in the company’s expectations and the rise in tobacco prices in Spain in 1Q’22. Now we expect adjusted EBIT growth of +4% in 2022.