Overview
European packaging provider's Q4 net sales rose 3% yr/yr to 197.2 mln euro
Adjusted EBITDA for Q4 increased 10% to 21 mln euro
Packaging & Components segment saw 13% sales growth, 25% EBITDA rise
Outlook
BEWI prioritizes continued profitability improvement and efficiency measures across the supply chain
Company aims for profitable growth and decarbonization through recycled materials and renewable energy
Result Drivers
PACKAGING & COMPONENTS - Segment saw 13% sales growth and 25% EBITDA rise, driven by strong sales in HVAC and automotive components
INSULATION & CONSTRUCTION - Slight volume increase in Nordics and Baltics, net sales impacted by lower EPS market prices
CIRCULAR SEGMENT - Reported higher volumes and sales, with steady increase in recycled GPPS production
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
EUR 197.20 mln
Q4 Adjusted EBITDA
EUR 21 mln
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the non-paper containers & packaging peer group is "buy."
Wall Street's median 12-month price target for Bewi ASA is NOK20.00, about 23.6% above its February 11 closing price of NOK16.18
Press Release: ID:nWkr4WPKpY
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)