contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    ...CompanyTagList
    id
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls {
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      defaultInstrument {
        isin
        id
      }
      id
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    id
    name
    viewerIsFollowing
    defaultInstrument {
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


exel-composites-planned-rights-offering-stole-the-spotlight

__typename

title

isPremium

lang

htmlBody

companies

createdAt

publishers

authors

reactionGroups

pageUrl

alternatePageUrls

imgUrl

description

Analyst

Aapeli Pursimo

Exel Composites is a manufacturing company. The company manufactures and markets compound composites that are used in demanding industrial environments. In addition to the main business, lamination and extrusion are also performed. The largest presence is in Europe and Asia with customers in the manufacturing and aerospace industries. Exel Composites was founded in 1960 and is headquartered in Vantaa. 

Exel Sijoittajat              Events and insights                              Uusi Intian tehdas saatu tulille aikataulussa.

Vähän epäselvä tiedote, mutta niin on tämän firman tiedotteet aiemminkin olleet. Lähiluvulla tästä herää enemmän kysymyksiä kuin antaa vastauksia. Tekikö Belgia noin rajuja tappioita? Miksi säästöt eivät ala heti sulkemisen jälkeen? Onko säästöt ehdollisia jollekin? Paljonko säästöjä tulee 2025?

Tässä on vielä Aapelin kommentit Belgian tehtaan sulkemiseen liittyen.                   Inderes              Exel virallisti Belgian tehtaan sulkemisen - Inderes    Päätös oli täysin odotettu yhtiön aiempaa ilmoitusta heijastellen. Yhtiö tulee kirjaamaan sulkemisesta reippaat kertaluontoiset erät kuluvan vuoden tulokseen.

https://investors-fi.exelcomposites.com/events-and-insights/konsultaatioprosessi-paatokseen-exel-composites-sulkee-tehtaansa-belgiassa-E9FA1FC2808923A7

Onko joku järkeillyt sitä, että miten tuon strategian liikevaihto- ja tulostavoite lasketaan? Firmallahan on JV Intiassa ja sieltä menee osa (50%?) kaikesta tuloksesta ja liikevaihdosta muualle. Onko niin, että nämä sisältyvät EBIT-tavoitteeseen, mutta ei osakekohtaiseen tulokseen? Vai miten menee? Lähinnä mietin nykyistä osakekohtaista hinnoittelua strategian tavoitteiden valossa.

Verrokki Gurit tosiaan laskenut 86% tänä vuonna. Ev/revenue on nyt 0,31 eli suht. Exelin luokkaa. Kiinassa ylikapasiteettia…  Gurit (GURN.SW) plans to restructure its wind segment in a bid to ensure its long-term competitiveness, according to a Wednesday release. The Swiss composite materials company intends to “right-size” its business, decrease indirect expenses across the company, and focus on accelerating growth in several industrial segments.

TPI Compositen tulospuhelusta poimittua. TPI ymmärtääkseni valmistaa vähintään kolmanneksen maamyllyjen lavoista Kiinan ulkopuolella globaalisti. Vaikuttaisi, että tuulivoimamarkkinat kokonaisuudessaan olisi piristymässä 2025, vaikka epävarmuustekijöitä riittää. ”Notwithstanding the recent U.S. election results, we are encouraged by the near-term demand we are seeing from our customers and therefore, anticipate continued revenue growth for TPI in the U.S. in 2025. We expect this growth will be supported by blade lines operating at near full capacity throughout 2025, along with the planned reopening of our Iowa blade plant by mid-2025. While the past nine months have presented challenges, we believe we are strategically positioned with the right customers and blade types to thrive in the U.S. market for years to come. Although it is too early to assess the impact of the outcome of the U.S. election, many analysts believe that if President-elect Trump tries to roll back the current administration’s climate agenda including the IRA in part or in full, U.S. wind and solar sectors will remain resilient due to a strong state level support including significant renewable manufacturing investment in red states, increasing private sector demand for power that will dictate an all-of-the-above approach to capacity deployment, and a relatively strong Republican support in Congress. Turning to Europe. Long-term onshore market growth remains in sight. However, these markets are dealing with many of the same issues as in the U.S., namely inflation, permitting, transmission, supply chain disruptions, and labor availability. Historically, we have serviced the European market from our plants in Türkiye. However, the hyperinflationary environment that we have experienced in recent years in Türkiye is not expected to subside anytime soon and although we can pass some of the incremental costs to our customers, these incremental costs make us less competitive into the EU as well as less profitable. Furthermore, while we have competed successfully with Chinese blade manufacturers for years, their recent aggressive push supported by the Chinese government to expand their capacity for Europe has added to the challenging competitive environment for supply into the EU. Unlike the U.S., which has implemented tariffs and generous tax loss to encourage near-shoring and domestic manufacturing, the EU has not yet taken as aggressive an approach to help level the playing field for component suppliers like TPI. Nordex our largest customer in Türkiye has eight production lines scheduled to expire by the end of 2025. Additionally, they have two lines in India that expire at the end of 2024. Nordex has informed us that they will not renew the two lines in India. However, we have already replaced those lines with two lines for Vestas.”

Exel Composites

Exel's Q1 figures were broadly below our expectations due to the timing of deliveries. However, on the day of the results, the spotlight was stolen by the company's planned rights offering of a significant size to strengthen its balance sheet and accelerate its strategy.

<p>Exel's Q1 figures were broadly below our expectations due to the timing of deliveries. However, on the day of the results, the spotlight was stolen by the company's planned rights offering of a significant size to strengthen its balance sheet and accelerate its strategy. We expect the offering to result in a significant dilution of the current share series and potentially put selling pressure on the stock. In light of this and the still uncertain earnings turnaround, we see the stock's risk/reward ratio as unsatisfactory in the short term, although we believe the financing gives the company room to execute on its strategy.</p>

	2023	24e	25e
Revenue	96.8	109.4	124.8
growth-%	-29.33 %	13.04 %	14.00 %
EBIT (adj.)	-2.4	3.3	6.3
EBIT-% (adj.)	-2.53 %	2.99 %	5.02 %
EPS (adj.)	-0.56	0.06	0.21
Dividend	0.00	0.00	0.00
Dividend %
P/E (adj.)	-	4.66	1.45
EV/EBITDA	10.43	4.14	3.15

Exel Composites: Planned rights offering stole the spotlight

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Exel Composites

Key Estimate Figures26.04.2024

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Exel Composites

Key Estimate Figures26.04.2024

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