SKAKO (One-pager): Orderbook surges after record order during Q3 2024
The latest SKAKO one-pager following the Q3 2024 results looks at the outlook for 2025 and 2026, following SKAKO’s record order for DKK 150m during the quarter. The company reduced its topline guidance slightly in connection with the Q3 results, now expecting revenue growth of -2% to 1% (previously 2% - 5%) while maintaining its EBIT guidance for DKK 24-28m, but now at the lower end. The large order with OCP, relating to a large phosphate mining project in Morrocco is expected to support revenue growth in 2025 and 2026.
The one-pager includes a brief description of SKAKO, an update to the market outlook, the latest financials, and valuation perspectives relative to a peer group. It also outlines several key investment risks and key investment reasons.
To learn more about SKAKO and its new outlook following the new record order, you can catch up on the latest Q3 2024 event hosted by SKAKO CEO Lionel Girieud and CFO Thomas Pedersen.
Link: https://www.inderes.dk/videos/skako-presentation-of-results-for-q3-2024
Disclaimer: HC Andersen Capital receives payment from SKAKO for a DigitalIR/corporate visibility subscription agreement./ Philip Coombes 14:25 20/11/2024
SKAKO
SKAKO A/S is a Danish industrial machinery manufacturer listed on the OMX Nordic Exchange Copenhagen. It operates two business divisions, SKAKO Concrete and SKAKO Vibration with offices in Faaborg (Denmark, Strasbourg (France), and San Sebastian (Spain). SKAKO Concrete is a professional and experienced group specialized in development, supply, installation and servicing of complete plants for production of concrete. SKAKO Concrete’s main purpose is to develop solutions adapted to future requirements, meeting the individual needs of our customers and so helping them strengthening their position in their market. In additional, SKAKO Concrete offers after-sales, installation and commissioning services as well as after sales support, including Service Contracts dedicated to the production setup. SKAKO Vibration develops, designs, and sells vibratory equipment for industrial use. It has a strong development in the supply of feeding, sorting and washing equipment for the recycling industry in Europe. Additionally, it is a leading supplier of vibratory equipment in the automotive industry, and it has a solid market position within mineral mining and the phosphate mining sector in North Africa.
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