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SFPI Group

CR
Bloomberg   SFPI FP
Misc. Bldg & Construct Prod  /  France  Web Site   |   Investors Relation
Safety solutions and safe operations at its heart
Target
Upside 119%
Price (€) 2.22
Market Cap (€M) 220
Perf. 1W: 1.83%
Perf. 1M: -10.7%
Perf. 3M: -12.6%
Perf Ytd: -35.0%
10 day relative perf. to stoxx600: -7.39%
20 day relative perf. to stoxx600: -7.48%
EPS change17/05/2022

As strong as its locks

Change in EPS2022 : € 0.36 vs 0.33+10.8%
2023 : € 0.37 vs 0.37+1.86%

EPS mechanically benefit from the excellent 2021 execution. Looking into 2022 and 2023, the order book and tight management should help digest fast-rising costs as long as the top line remains in positive territory.



Change in Target Price€ 5.30 vs 5.00+5.99%

The target price benefits from extremely solid 2021 execution that has provided a higher base looking forward. We have injected a degree of caution on the outlook from H2-2022 even though the activity target (€600m sales) within reach.



Change in NAV€ 6.55 vs 5.04+30.1%

The NAV benefits from repeated strong realisations that combine with higher market multiples on similar businesses



Updates

17 May 22 EPS change
As strong as its locks

27 Apr 22 Earnings/sales releases
Great 2021, solid start to 2022, €600m revenue...

24 Sep 21 Other news/comments
In excellent shape

24 Sep 21 EPS change
Very strong H1 21 execution indeed

04 Jun 21 Earnings/sales releases
Sound business shows its mettle in Covid and p...

28 Sep 20 Earnings/sales releases
H1 behind with limited scars; H2 partial reversio...

20 May 20 Earnings/sales releases
As fit as possible

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