2024-05-20 22:22:03 ET
Summary
- Vista Outdoor reported Q4 financial results, with significant EBITDA growth for Revelyst in the quarter and FY2025 outlook.
- The Kinetic Group's revenues continued to decline, but flat sales are expected in FY2025. EBITDA is still guided down due to significant cost inflation.
- Shareholders' vote should be held on the 14th of June concerning the sale of the Kinetic Group for $1.91 billion. Simultaneously, speculation around MNC Capital's cash offer is rising.
- The valuation seems attractive after a good Q4 report, with the CSG offer lowering risks significantly but providing a slightly lower estimated upside if the transaction goes through.
Vista Outdoor ( VSTO ) has reported the company’s Q4/FY2024 financial results and provided a FY2025 financial outlook. The company’s strategic review regarding the split up of the Revelyst and Kinetic Group segments is heating up as a shareholders’ vote is to be held soon on the sale of The Kinetic Group. At the same time, Vista Outdoor has received an offer for the sale of the entire company for $37.50 per share....
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Vista Outdoor: Segment M&A And Buyout Options Pose Upside (Rating Upgrade)