LU-VE benefits from two long-lasting trends, namely the development of a stronger, more sustainable cold chain and booming heat pumps. These two combined forces have pushed its growth above other component makers (e.g. CAREL, BELIMO) and should support further rerating.
Earnings momentum remains strong: 2022-24e adj. EPS up by c.14%
The growth story is far from cooling and our analysis suggests that demand is accelerating across LU-VE''s end-markets. In this note, we take the opportunity to refr ....
24 Jun 2022
Cold Rush
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Cold Rush
- Published:
24 Jun 2022 -
Author:
Baldelli Michele BM | Grimaldi Giuseppe GG -
Pages:
40
LU-VE benefits from two long-lasting trends, namely the development of a stronger, more sustainable cold chain and booming heat pumps. These two combined forces have pushed its growth above other component makers (e.g. CAREL, BELIMO) and should support further rerating.
Earnings momentum remains strong: 2022-24e adj. EPS up by c.14%
The growth story is far from cooling and our analysis suggests that demand is accelerating across LU-VE''s end-markets. In this note, we take the opportunity to refr ....