NuWays AG Recommends Buy for Semperit AG Holding

Semperit AG Holding has been recommended for purchase by NuWays AG, reflecting solid third-quarter performance. The company achieved sales of €163 million, marking a slight year-on-year increase. Notably, the Sempertrans (SIA) division showed strong growth with a 6.8% increase in revenues, while the Semperform (SEA) division faced a 2.3% decline.

Quarterly EBITDA rose to €21.3 million, exceeding expectations. SIA's margin improvements and strategic cost reductions played significant roles. SEA's performance was buoyed by a favorable product mix and rigorous cost control, despite top-line challenges.

Semperit's order intake rose across segments, and cash flow improved significantly to €8.4 million, driven by efficient cash management. The firm remains adequately liquid, supporting dividends and potential M&A initiatives. Analysts are optimistic, with a price target set at €18.50.