- Interpump’s net sales for the third quarter reached €492.8 million, meeting market expectations at €492 million.
- Year-over-year, net sales saw a decrease of 8%.
- The company’s EBITDA stood at €111.5 million, slightly below the estimated €112.5 million and marking a 14% decline year-over-year.
- Consolidated net income was €50.3 million, reflecting a substantial 30% decrease compared to the previous year.
- EBIT was reported at €82.3 million, down by 20% year-over-year.
- Interpump anticipates a mild revenue contraction in 2024, predicting a high single-digit decline on an organic basis.
- Despite the expected revenue contraction, the company is optimistic about its EBITDA performance, projecting it to be between 22.5% and 23% of turnover.
- The current analyst ratings include 7 buys, 3 holds, and no sells.
A look at Interpump Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Interpump Group S.p.A., a company that specializes in manufacturing pumps, hydraulics, and cleaning equipment, shows a promising long-term outlook based on Smartkarma Smart Scores. With solid scores in key areas, including Value, Growth, Resilience, and Momentum, the company is positioned well for future success. Particularly noteworthy are its high scores in Resilience and Momentum, indicating a strong ability to weather economic fluctuations and maintain consistent performance.
Overall, Interpump Group‘s Smart Scores suggest a positive trajectory for the company, reflecting its resilience in challenging times and momentum for continued growth. While there may be room for improvement in areas such as Dividend and Value scores, the company’s strong performance in key factors bodes well for its long-term prospects in the manufacturing sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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