Cementir Holding | CEM IM | Ciments & Agrégats | Italie | Updates

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Cementir Holding ^CR	Bloomberg CEM IM
Ciments & Agrégats / Italie	Web Site \| Investors Relation
Egalement présent dans : Sociétés holdings

Solid position in a niche market

Objectif

Potentiel 33,1 %

Cours (€) 11,04

Capi (M€) 1 757

Perf. relative/stoxx600 10j:	3,53 %
Perf. relative/stoxx600 20j:	15,2 %

EPS change13/02/2023 09:06

Changement d’EPS	2022 : € 0,90 vs 0,81	+10,6 %
	2023 : € 0,95 vs 0,87	+9,30 %
We have updated our model following the better than expected preliminary FY22 results. The EPS 2022 is up by €0.09 and the EPS 2023 forecast is increased by €0.08, driven by high price increases leading to 13% higher revenue and 6% higher EBITDA than in our previous estimates.
Changement de DCF	€ 13,7 vs 12,8	+7,29 %
The strong growth reported this year has enabled an upwards revision to our sales estimates even in a conservative scenario due to the uncertain macroeconomic situation. Since we have increased our 2024 EBITDA forecast, which is the base value for the DCF, the overall valuation has risen, leading to a 5% increase in our Target Price to €11.25.

18 avr. 23 EPS change
Price hikes boost the EPS

13 févr. 23 Publication Res./CA
FY 22: Price hikes to manage inflation.

13 févr. 23 EPS change
We have updated our model following the bette...

04 nov. 22 Publication Res./CA
9M 22: competitive pricing but lower cost suppo...

28 juil. 22 Publication Res./CA
H1 22: IAS 29 lowers profitability

06 mai 22 Publication Res./CA
Q1 22: profitability outpacing cost inflation

22 mars 22 EPS change
We have updated our model following the FY21...

09 févr. 22 Publication Res./CA
FY 21: EBITDA at all-time high level

12 nov. 21 Publication Res./CA
9M 21: well managed cost inflation

03 nov. 21 ESG related
Cementir Holding accelerating from grey to green