Today we post our updated one-pager on SKAKO, a Danish industrial machinery developer operating two different business units, SKAKO Concrete and SKAKO Vibrations. SKAKO Concrete is engaged in developing, marketing, and delivering machinery, industrial vibratory equipment, and/or complete concrete plants.
SKAKO demonstrated a positive first quarter for 2023, growing revenues and EBIT as the company saw growth in plant sales and aftersales activities, with plant sales outpacing aftersales activities, particularly within SKAKO Concrete. EBIT margins also developed positively as the company executes its strategy to focus on higher margin projects and grow higher margin aftersales activities.
There are also risks in the case, but to learn more about SKAKO, its current market conditions, valuation against its peers, and outlook moving forward, read the updated One-pager below or catch up on the latest presentation of the Q1 results, hosted together with Thomas Pedersen SKAKO Group CFO, and Steffen Kremmer, SKAKO Concrete CEO.
Disclaimer: HC Andersen Capital receives payment from SKAKO for a Digital IR/Corporate Visibility subscription agreement. /Philip Coombes 14:00, 31 May 2023.