(Tiper Stock Exchange) – Intesa Sanpaolo has decreased to 15.3 euros per share (from 15.8 euros) the 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 judgment on title a Buy. The revised recommendation came after the company reported its 2022 results.
Analysts stating that the prospects for 2023 appear “positive”, based on ALA’s reference market conditions that could support the company’s commercial strategy. The company is also committed to improving the diversification in end markets (e.g. railways), managing cost containment in order to improve EBITDA.
Intesa Sanpaolo therefore confirms the estimates FY23-24. For FY25, he assumes the growth trend to continue and sees revenues of €262.5 million, EBITDA of €29.6 million (a margin of 11.2%, +30 bps year-on-year), EBIT of 23.3 million euros, net profit of 14.9 million euros and net debt of 24.7 million euros.