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Added to YB: 2024-12-18

Pitch date: 2024-12-06

NWL.MI [bullish]

NewPrinces S.p.A.

+63.11%

current return

Author Info

No bio for this author

Company Info

NewPrinces S.p.A. engages in the agri-food sector in Italy, Germany, the United Kingdom, and internationally.

Market Cap

EUR 837.8M

Pitch Price

EUR 11.98

Price Target

15.10 (-23%)

Dividend

N/A

EV/EBITDA

6.73

P/E

9.06

EV/Sales

0.47

Sector

Food Products

Category

growth

Show full summary:
Newlat Food (NWL.MI): Acquisition Synergies and Recovery Drive €15.1 Price Target

NWL.MI: Buy, PT €15.1. Newlat integrating Princes, synergies expected 4Q24+. 9M24 in line, 6.3% EBITDA margin. 2024E rev €2.7B, EBITDA €175-180M. 2025E rev >€2.8B, EBITDA €210-220M. ND/EBITDA <2.5x. Strong FCF, 26E yield 24.1%. Cross-selling from 2025, centralizing procurement. Organic recovery in Q3.

Read full article (2 min)