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Drone Volt

CR 		Bloomberg   ALDRV FP
Aerosp. & Defence Equipt.  /  France  Web Site   |   Investors Relation
Banking on services and European-made drones
Target
Upside 220%
Price (€) 0.25
Target Price (€) 0.80
Market Cap (€M) 9.59
Perf. 1W: -18.3%
Perf. 1M: -44.4%
Perf. 3M: -31.7%
Perf Ytd: -28.8%
10 day relative perf. to stoxx600: -17.4%
20 day relative perf. to stoxx600: -48.1%
Target Change29/01/2024 18:50
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Change in Target Price€ 1.79 vs 2.00-10.4%

We have incorporated the impact of the dilution following the new capital increase of c.€2.5m, which is the main reason for the decrease in our target price. This impact was mitigated by forecasting higher growth in the drone as a service offer given its successful launch, as this service has higher margins than distribution.
Updates
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