H1 results were in line with our estimates, with strong organic EBITDA growth compensating a lower than expected M&A contribution. Also, cash generation was strong resulting in a very sound financial position. We do not expect to make material changes to our estimates, but the results provide more comfort that our full year estimates will be achieved With more comfort on our estimates, the company delivering on its strategy, the share price down 20% since our previous downgrade, and 37% upside t ....

07 Aug 2025
(Sponsored) ForFarmers - Strong set of results, upgrade to Buy

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
(Sponsored) ForFarmers - Strong set of results, upgrade to Buy
H1 results were in line with our estimates, with strong organic EBITDA growth compensating a lower than expected M&A contribution. Also, cash generation was strong resulting in a very sound financial position. We do not expect to make material changes to our estimates, but the results provide more comfort that our full year estimates will be achieved With more comfort on our estimates, the company delivering on its strategy, the share price down 20% since our previous downgrade, and 37% upside t ....