Cabka shows resilience in 2024 despite challenging markets PRESS RELEASE Online investor presentation and Q&A at 10.30 CET on 18 March 2025 via: Amsterdam, Netherlands - 18 March 2025 - Cabka N.V. (together with its subsidiaries “Cabka”, or the “Company”), a company specialized in transforming hard to recycle plastic waste into innovative Reusable Transport Packaging (RTP), listed at Euronext Amsterdam, announces its preliminary non-audited 2024 full year results. Cabka shows resilience in 2024 despite challenging markets Key financial developments 2024 Sales of €181.9 million, 8...
Cabka N.V. Announces 2024 Preliminary Update: resilient portfolio growth and margin expansion in challenging markets Amsterdam February 21, 2025 - Cabka N.V. (together with its subsidiaries “Cabka”, or the “Company”), a company specialized in transforming hard to recycle plastic waste into innovative Reusable Transport Packaging (RTP), listed at Euronext Amsterdam, announced its 2024 preliminary update today. Cabka expects full year 2024 sales to be around €182 million, in line with the guided range of €180 - €185 million. In Europe, our Portfolio business grew by 8% year-over-year, inclu...
2024 revenues in line and gross margin a touch below our estimate, EBITDA-margin of 11-12% below guidance of ca 13% (DP: 13.6%)Changes capital allocation, no dividend over 2024, which we consider positiveWe will modestly cut out 2024 and 2025 estimates
During its Capital Markets Day, Cabka presented new 2030 targets including EUR 300m in revenues and a 15-17% EBITDA-marginThe new EU PPWR regulation will be an important driver for demand for reusable and recyclable packaging, supporting Cabka's sales growth We reiterate our Buy recommendation and EUR 4.60 target price
Cabka 2nd Capital Markets Day in Ieper Amsterdam 25 November 2024. Cabka N.V. (together with its subsidiaries “Cabka”, or the “Company”), a company specialized in transforming hard to recycle plastic waste into innovative Reusable Transport Packaging (RTP), listed at Euronext Amsterdam, successfully hosted its 2nd Capital Markets Day for investors at their Production Plant in Ieper, Belgium, today. The event provided an open platform for stakeholders to gain a deeper understanding of the company’s business direction, reflect on how the company has overcome some of the headwinds it has face...
Cabka NV Announces Changes in Supervisory Board Amsterdam 13 November 2024, 8 AM CET. Cabka N.V. (together with its subsidiaries “Cabka”, or the “Company”), a company specialized in transforming hard-to-recycle plastic waste into innovative Reusable Transport Packaging (RTP), listed at Euronext Amsterdam, announces that Manuel Beja resigned from his position as member of the Supervisory Board, effective 11 November 2024. The company also announces the interim appointment of Oliver Seidl to the Supervisory Board, subject to the approval of the Annual General Meeting of Shareholders (AGM). ...
>Cabka reported an encouraging Q3 which was almost in line with expectations - Cabka reported its Q3 financials with Q3 sales coming at €42.4m, up 8% year on year (yoy) and 2% lower than AA-OB estimate of around €43.1m. On a year to date (ytd) basis, the 9 month sales amounted to €135m, down 6% on a year on year basis which the company largely blames on a weak Q1. When looking at the split, the company indicated that RTP Europe and U.S registered sales increases of 16...
Notable recovery with Q3 sales up 8% versus last year PRESS RELEASE Amsterdam 21 October 2024. Cabka N.V. (together with its subsidiaries “Cabka”, or the “Company”), a company specialized in transforming hard to recycle plastic waste into innovative Reusable Transport Packaging (RTP), listed at Euronext Amsterdam, announces its trading update for the third quarter of 2024. Sales for Q3 increased 8% to € 42.4 million compared to the same quarter last year (Q3 2023: € 39.3 million), showing a gradual recovery despite soft market conditions. Total sales year-to-date amounted to € 13...
Encouraging underlying trend in H1-24Cabka's H1 results showed encouraging underlying trends, despite headwinds from declining raw material prices and clearly weaker demand in two segments. Management confirmed its guidance for an EBITDA-margin of 13-15% (2023: 12%), with ongoing growth in the strategic segments. Buy with EUR 4.60 target priceBased on the peer group comparison (EUR 4.40) and DCF (EUR 4.80), we come to a target price of EUR 4.60. We also apply a rating to Cabka for the first...
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