A leading consolidator in a steadily growing, fragmented market. Capital-light growth, margin expansion, >15% M&A growth potential. 9% adj. EBITA CAGR '23-'26e, 11-8x EBITA '24-'26e, 6% div. yield.

16 Apr 2024
Cleaning up in a resilient market

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Cleaning up in a resilient market
- Published:
16 Apr 2024 -
Author:
Simon Jönsson | ABGSC Services Research | Stefan Knutsson | Julia Sundvall -
Pages:
55 -
A leading consolidator in a steadily growing, fragmented market. Capital-light growth, margin expansion, >15% M&A growth potential. 9% adj. EBITA CAGR '23-'26e, 11-8x EBITA '24-'26e, 6% div. yield.