Added to YB: 2025-01-07
Pitch date: 2025-01-05
NREST.ST [bullish]
Nordrest Holding AB (publ)
+181.44%
current return
Author Info
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Company Info
Nordrest Holding AB (publ) operates as a foodservice company in Sweden and internationally. The company operates restaurant and cafe management, as well as provides catering services.
Market Cap
SEK 3.7B
Pitch Price
SEK 106.06
Price Target
N/A
Dividend
2.90%
EV/EBITDA
11.38
P/E
19.28
EV/Sales
1.46
Sector
Hotels, Restaurants and Leisure
Category
growth
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.
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