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home / news releases / HNSDF - Hensoldt: I Was Wrong Why I'm Downgrading To Hold


HNSDF - Hensoldt: I Was Wrong Why I'm Downgrading To Hold

2024-03-06 13:40:09 ET

Summary

  • Hensoldt's stock performance has been underwhelming, gaining only 1.6% compared to the S&P 500's 22.2% gain.
  • The company's earnings for 2023 met and exceeded guidance, with growth in sales and adjusted EBITDA.
  • Hensoldt expects around 8% growth in revenues for 2024, but needs to execute strongly on its EBITDA margin and cash conversion.

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For further details see:

Hensoldt: I Was Wrong, Why I'm Downgrading To Hold
Stock Information

Company Name: Hensoldt
Stock Symbol: HNSDF
Market: OTC

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