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Added to YB: 2025-01-07

Pitch date: 2025-01-05

NREST.ST [bullish]

Nordrest Holding AB (publ)

+1.46%

current return

Author Info

Company Info

Nordrest Holding AB (publ) operates as a foodservice company in Sweden and internationally. The company’s operation includes restaurant and café management with a focus on guest flows and contract-based meal solutions.

Market Cap

SEK 1.4B

Pitch Price

SEK 109.60

Price Target

N/A

Dividend

N/A

Sector

Hotels, Restaurants and Leisure

Category

growth

Show full summary:
Nordrest Holdings AB – ‘MM..FOOD’

NREST.ST: Swedish catering co. w/ strong NATO MRE biz (24% rev, 60% peak NI). Core biz growing 17%, offsetting 20% MRE decline. Innovative, tailored menus. Expanding to Finland. Founder owns 65%. Cheap at 12x PE, 7.2x EV/EBITDA, 46.8% ROCE. 10% annual growth target.

Read full article (20 min)