Streetbeat News

AALBF

Aalberts NV

https://aalberts.com/

CEO

Wim Pelsma

Industry

Fabricated Pipe and Pipe Fitting Manufacturing

Open

39.01

Mkt cap

4.2B

Volume

102

High

39.01

P/E Ratio

13.03

52-wk high

50.07

Low

37.65

Div yield

0.03

52-wk low

35.76

Aalberts, a company involved in HVAC and industrial technology, is trading at a discount despite its strong track record. It faces challenges in European construction but benefits from renovation needs, data center construction, and energy efficiency initiatives. New management introduces some risk, but the company's solid balance sheet and historical performance provide confidence.

Portfolio Pulse from

November 10, 2024 | 1:45 pm

Aalberts N.V. reported a -2.9% organic revenue growth for the first ten months of 2024, with the building technology segment at -4.7% and industrial technology at -0.7%. The added value margin remained stable.

Portfolio Pulse from

November 07, 2024 | 6:45 am

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