Alantra initiates coverage on Mare Group with a BUY recommendation and €7.6/share target price
SECTORTechnology; Industrials
ServiceCorporate Broker; Equity Capital Markets
Milan – Alantra is pleased to announce the initiation of coverage on Mare Group by the Alantra Italian Equity Research team. Mare Group has evolved from a university spin-off into a differentiated engineering and technology platform across mission-critical markets. The group combines industrial, civil and digital capabilities with applied R&D and proprietary technologies, serving high-value applications across aerospace, defense, transportation and infrastructure.
Following a significant M&A wave, Mare Group reached €85.0mn FY25PF total revenues and €19.0 million Adj. EBITDA. Higher share of wallet, cross-selling opportunities, and operating leverage are expected to support a +9.4% revenue CAGR and +11.3% Adj. EBITDA CAGR through FY28E, reinforcing the group’s earnings and free cash flow recovery.
Alantra initiates coverage with a “BUY” recommendation and target price of €7.6/share. Please contact [email protected] if you wish to receive the full research report.
Please contact [email protected] if you wish to receive the full research report.
