Brunel International (BRNL NA) Netherlands
Industrials
Aims to double EBIT organically by 2027 - BRNL, a global provider of flexible specialist workforce solutions, has presented challenging goals at its latest CMD. In the IDEA!'s 23-page report, they assess the feasibility of these targets and believe the most important parameters to achieve these objectives are revenue growth (HSD organic) and gross margin (at least unchanged). When analysing the verticals in which BRNL operates a LDD revenue growth should be feasible. They see fair value of EUR 16.65 per share, which is ~60% higher than the current share price.
Edition: 178
- 26 January, 2024