In this financial analysis report, analysts Marcus Laurens and Hampus Sundén take a closer look at the Swedish bathroom interior manufacturer Svedbergs (SVED B). The analysts estimate a revenue growth 10.9% CAGR 2020A-2023E, with an EBIT-margin expansion from 10.2% 2020A to 13.0% 2023E.
Investment highlights:
- The consumer retail market is expected to continuously benefit from pandemic restrictions with high renovation activity in Nordic households throughout 2021.
- New framework agreements with partner companies in the project segment increase the opportunity for geographical expansion in Northern Europe.
- Centralized production close to the market enables cost efficiency and flexibility in dynamic customer demand.
