on Palgon AG (isin : DE000A2LQ1P6)
Avemio AG Sees Potential for Growth Amidst Challenges
Avemio AG, a media technology company specializing in custom solutions for film, TV, and video production, experienced a challenging 2024. Revenues fell by 11.4% to €87.86 million due to slower retail sales, with customer investments impacted by economic conditions. However, the digital segment saw positive trends, significantly boosting sales to €8.5 million, thanks to acquisitions like MoovIT/MSP.
Despite a decrease in EBITDA to €-0.93 million and earnings after taxes to €-6.54 million, due to increased personnel expenses and scheduled goodwill amortisation, Avemio remains optimistic. The company anticipates renewed growth in 2025, expecting retail recovery and strong digital product launches. Cost-cutting initiatives aim to save €1.5 million annually by 2026, supporting positive EBITDA.
Analysts predict a 4.1% increase in 2025 sales, setting a target price of €15.00. Avemio receives a 'BUY' rating, reflecting future growth expectations driven by digital segment expansion and cost-efficiency improvements.
R. P.
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