Buzzi: Trading At Less Than 9 Times Earnings With A Net Cash Position
Portfolio Pulse from
Buzzi, an Italy-based cement producer, is trading at less than 9 times earnings and maintains a net cash position. Despite economic slowdowns, Buzzi expects its 2024 EBITDA to match last year's, demonstrating financial resilience. The company reported a slight revenue decrease in H1 2024 due to lower cement and concrete volumes but offset this with price increases. Buzzi's adjusted operating cash flow in H1 2024 was approximately 555.5M EUR, resulting in a healthy free cash flow of 1.83 EUR per share.
November 19, 2024 | 3:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Buzzi, trading at less than 9 times earnings, expects 2024 EBITDA to match last year's despite economic slowdowns. The company shows strong financial resilience with a net cash position and healthy free cash flow.
Buzzi's ability to maintain its EBITDA despite economic slowdowns and its strong financial metrics, such as trading at less than 9 times earnings and a net cash position, suggest a positive short-term impact on its stock price. The company's healthy free cash flow further supports this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100