Solid growth, but high costs still hurting margins. More benefits from savings program in Q3e. 16x 25e EV/EBITA on ABGSCe, company's target implies 5.5x.

01 Aug 2023
Slight improvement, but more is needed

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Slight improvement, but more is needed
- Published:
01 Aug 2023 -
Author:
Adrian Gilani | ABGSC Capital Goods Research -
Pages:
10 -
Solid growth, but high costs still hurting margins. More benefits from savings program in Q3e. 16x 25e EV/EBITA on ABGSCe, company's target implies 5.5x.