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DistIT Group: strong case for structural growth - SEB

At SEB's Nordic Seminar, CEO Robert Rosenzweig and CFO Philip Gunnarsson backed up its five-year strategic plan by elaborating on the underlying growth trends (smart homes, home office, gaming, e-charging) supporting an implied 8% sales CAGR to SEK 3.5bn by 2025. Assuming a 50/50 brand mix (own- vs. A-brands), the target is a 25% gross margin and resulting 8% of EBIT (SEK 280m, excluding its E-fuel acquisition). European distribution (M&A) is on top of the agenda in 2022.

At SEB's Nordic Seminar, CEO Robert Rosenzweig and CFO Philip Gunnarsson backed up its five-year strategic plan by elaborating on the underlying growth trends (smart homes, home office, gaming, e-charging) supporting an implied 8% sales CAGR to SEK 3.5bn by 2025. Assuming a 50/50 brand mix (own- vs. A-brands), the target is a 25% gross margin and resulting 8% of EBIT (SEK 280m, excluding its E-fuel acquisition). European distribution (M&A) is on top of the agenda in 2022.
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