Overview
Italy heat exchanger maker's 2025 sales rose 2.8% yr/yr to €605.4 mln
Adjusted EBITDA reached a record €88.7 mln, 14.7% of sales
Order backlog at year-end rose 34% to €233.7 mln
Result Drivers
VOLUME RECOVERY - Co said sales growth was mainly driven by volume recovery in the second half and strong acceleration in Q4
ORDER BACKLOG - Order backlog rose 34% yr/yr, supported by strong order intake and new project wins, especially in industrial cooling
PRICE AND MIX - Margin improvement attributed to higher sales prices and favorable product mix
Company press release: ID:nBIAc7p2q1
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
EUR 605.40 mln
FY Order Backlog
EUR 233.70 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electrical components & equipment peer group is "buy"
Wall Street's median 12-month price target for Lu-Ve SpA is €47.40, about 26.7% above its March 12 closing price of €37.40
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 19 three months ago
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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.)