SP Group (One-pager): Acceleration continues as own-brands reach record level
SP Group grew its own-brand products to record levels of over 30% during Q3 2024 as the company continues its strong cyclical turnaround. In connection with the Q3 results, SP Group narrowed its guidance, maintaining the midpoint of its Q2 upgrade, now expecting revenue growth of 10-16% y/y, with EBITDA margins of 19-21%, and EBT margins of 11-13%. The growth of own brands YTD 2024 has supported margin expansion and remains a cornerstone of SP Group’s strategy moving forward.
The one-pager updates the investment case, key investment risks, key investment reasons, and valuation perspectives relative to a peer group. To learn more you can also catch up on the latest Q3 2024 earnings presentation, hosted with SP Group CEO Lars Bering and CFO Tilde Kejlhof.
Link: https://www.inderes.dk/videos/sp-group-praesentation-af-regnskabet-for-q3-2024
Disclaimer: HC Andersen Capital receives payment from SP Group for a digital IR / corporate visibility subscription agreement./ Philip Coombes 12:20 21.11.2024
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SP Group
SP Group är ett tillverkningsbolag. Bolaget är specialiserat inom tillverkning av diverse plastkomponenter. Utöver utförs tjänster som berör beläggningar på plast- och metallytor. Produkterna används av en rad olika aktörer inom industri-, hälsa -, och livsmedelsindustrin. Verksamhet innehas på global nivå, med störst närvaro på den nordiska marknaden.
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