Dolfines | ALDOL FP | Engineering-Heavy Constr. | France | Updates

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Dolfines ^CR	Bloomberg ALDOL FP
Engineering-Heavy Constr. / France	Web Site \| Investors Relation

Capital increase to bring some order

Target

Upside 909%

Price (€) 0.01

Target Price (€) 0.06

Market Cap (€M) 1.59

Perf. 1W:	9.80%
Perf. 1M:	19.1%
Perf. 3M:	-24.3%
Perf Ytd:	-20.0%

10 day relative perf. to stoxx600:	-6.77%
20 day relative perf. to stoxx600:	25.1%

EPS change27/08/2021

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Change in EPS	2021 : € -0.05 vs -0.07	ns
	2022 : € -0.03 vs -0.05	ns
We have updated our model following the acquisition of 8.2 France. EPS 2021 and 2022 are up on the consolidation of 8.2 France in the accounts. We expect turnover of €2.43m in FY21 and €2.67m in FY22 from 8.2 France, and an EBITDA margin of c. 19%.
Change in NAV	€ 1.23 vs 1.36	-9.52%
The NAV is down as we have added higher working capital (€0.2m) and the dilution of €1.2m of convertible debt into 2.4m shares. This is partly offset by the integration of 8.2 France (at €1m).

01 Apr 22 EPS change
The company has published a positive release, ...

31 Mar 22 Other news/comments
Strong start of the year

11 Jan 22 Other news/comments
Prequalified in Saudi Arabia for rig inspection

22 Dec 21 Target Change
Updating shares outstanding on potential debt ...

01 Dec 21 Other news/comments
Second green bond, rig sale resurfaces

10 Nov 21 EPS change
The EPS are down as we have adjusted our est...

02 Nov 21 Earnings/sales releases
H1: activity recovers in oil & gas

27 Aug 21 EPS change
We have updated our model following the acqui...

02 Aug 21 Other news/comments
Transaction completed in wind services

19 Jul 21 Other news/comments
Green shoots