Growth measures depress cash flows in coming years
Meriaura Group operates in marine logistics and renewable energy and both business areas are linked to the reduction of carbon dioxide emissions and the transition in target markets through, e.g., EU emissions trading. The Renewable Energy businesses benefit from the Group’s financial resources, but despite the strengthened growth, there is still significant uncertainty surrounding the earnings turnaround. In Marine Logistics, significant investments in low-emission cargo capacity will depress cash flows in the coming years, but enable long-term growth.
Meriaura Group
Meriaura Group has two business areas: Maritime Logistics and Renewable Energy. Meriaura transports dry cargo and executes demanding project deliveries in Northern Europe. The company offers CO2 reducing marine transport services based on the use of recycled, in-house produced bio-oil. Meriaura Energy designs and delivers clean energy production solutions for district heating and industrial use worldwide, with Europe as the main market area.
Read more on company pageKey Estimate Figures22/05
2023 | 24e | 25e | |
---|---|---|---|
Revenue | 66.2 | 77.8 | 84.6 |
growth-% | 666.45 % | 17.56 % | 8.75 % |
EBIT (adj.) | 1.0 | 2.8 | 4.2 |
EBIT-% (adj.) | 1.58 % | 3.66 % | 4.91 % |
EPS (adj.) | -0.00 | 0.00 | 0.00 |
Dividend | 0.00 | 0.00 | 0.00 |
Dividend % | |||
P/E (adj.) | - | 20.92 | 11.35 |
EV/EBITDA | 8.82 | 5.40 | 5.04 |