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BEWI Bewi ASA News Story

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Basic MaterialsSpeculativeSmall CapNeutral

Bewi Q4 net sales rise on higher volumes

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

MetricBeat/MissActualConsensus Estimate
Q4 SalesEUR 197.20 mln
Q4 Adjusted EBITDAEUR 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 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (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.)

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