Added to YB: 2024-03-18
Pitch date: 2024-03-17
LDB.MI [bullish]
Lindbergh S.p.A.
+198.04%
current return
Author Info
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Company Info
Lindbergh S.p.A., together with its subsidiaries, provides logistics services in Italy and France. The company offers logistics services for networks of field maintenance technicians, including night-time spare parts delivery, special waste and returns management, spare parts stock management, tools management and testing, and onsite services, as well as supply of tools, PPE, and consumables services.
Market Cap
EUR 37.4M
Pitch Price
EUR 2.55
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.29
P/E
19.88
EV/Sales
1.67
Sector
Ground Transportation
Category
turnaround
Lindbergh SpA: Revolutionizing MRO markets through platform-based logistics and engineering
LDB.MI: Tech-enabled logistics platform for MRO market. Superior engineer-centric model vs. fragmented competition. Strong customer retention, cross-selling potential. Restructuring France subsidiary. 8.8% FCF yield, 15.2% ROCE. Aligned management, disciplined M&A (4x EBITDA max). Risks: competition, scaling challenges, key-man risk.
Read full article (16 min)