Daily Brief Industrials: Acter Co Ltd, Astronics Corp, International Distributions Services and more

• In this insight, we review the share price performances of the 18 companies/insights on the Asian Dividend Gems in 2024.
• The 18 stocks in the Asian Dividend Gems published in 2024 are up on average 4.5% from the date of publishing the insight to current price.
• The 18 companies included in the Asian Dividend Gems series this year currently have an average dividend yield of 7.1% and average SmartScore of 4.0 (out of 5.0).

• Astronics Corporation is an aerospace components manufacturer specializing in electrical power systems, seat motion systems, and automated test systems.
• The company presents a low-risk investment opportunity at 6x normalized EBITDA, despite challenges in the commercial aerospace sector.
• With a focus on Aerospace and Test Systems products, Astronics remains an attractive investment option in the aerospace and defense industry.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

• Approval and Safeguards: The UK government approved EP Group’s £5.3 billion acquisition of IDS, with legally binding commitments to retain Royal Mail’s headquarters, tax residence, and universal service obligations.
• IDS faces declining mail volumes, delivery fines, and the need for operational reforms; EP Group aims to revitalize the company leveraging expertise in energy and logistics sectors.
• A done deal, in my view. The acquisition is expected to close in Q1 2025.