(Finance) – Intesa Sanpaolo increased to € 15.8 per share (from 15.6 euros) on target price on WINGa company listed on Euronext Growth Milan and active in integrated logistics and in the distribution of products and components for the aeronautical and aerospace industry, confirming the judgement on the title to “Buy”. The review of the recommendation came after the half-year report and the announcement of an acquisition in Spain.
“We appreciate that, despite a slight contraction in revenues, ALA. Recorded an EBITDA margin of over 11%, with a gross margin up thanks to the implementation of the efficiencies started in 2020 “, analysts write.
Intesa Sanpaolo now estimates for the current year: revenues of € 150.6 million; EBITDA margin of 10.3%; EBIT of 11.9 million euros; net financial debt of 34.4 million euros.
For 2023 the following are expected: revenues of 201.3 million euros (+ 7.9% compared to the previous one); EBITDA of 21 million euros (+ 6.3%); EBIT of 15.1 million euros; net profit of 9.3 million euros; net debt of € 37.4 million, assuming greater inventories relating to the stock of services linked to the Dassault contract.
(Photo: © Veerasak Piyawatanakul)