Mid-year M&A snapshot: contract logistics in the driving seat
You reap what you sow
The equity research house is bullish about its investment case: “We think good market momentum and further market share gains resulting in the ramp-up of new contracts will support sales growth in the coming 5-10 years (CAGR of 10% for 2023-30 and 6% for 2030-35).
“Meanwhile, we model an underlying Ebit CAGR of 13% for 2023-30 and 9% for 2030-35,” which implies a doubling in revenues by 2030, and a doubling in Ebit by mid-2028.
Its prospects are boosted by strong tailwinds ...
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