{"id":33899,"date":"2024-10-01T16:51:12","date_gmt":"2024-10-01T15:51:12","guid":{"rendered":"https:\/\/www.alantra.com\/?post_type=ib-transaction&#038;p=33899"},"modified":"2024-10-02T11:42:51","modified_gmt":"2024-10-02T10:42:51","slug":"next-geosolutions-corporate-broker","status":"publish","type":"ib-transaction","link":"https:\/\/www.alantra.com\/it\/ib-transaction\/next-geosolutions-corporate-broker\/","title":{"rendered":"Alantra has been appointed Corporate Broker to Next Geosolutions"},"content":{"rendered":"\n<p><strong>Milan &#8211;<\/strong> Alantra has been appointed as Corporate Broker to Next Geosolutions Spa and has initiated coverage by the Alantra Italian Equity Research team.<br><br>With \u20ac149mn revenues, 27% EBITDA and 41% ROCE in 2023, Next Geosolutions Europe conducts subsea surveys, encompassing geophysical and geotechnical aspects, to map marine soil characteristics and acquire detailed soil data through drilling.<br><br>Founded in 2014 and listed on the Euronext Growth Milan segment last 22-May, the group has gained an established track-record by serving clients active primarily in the submarine cables &amp; wind farm industries.<br><br>With a backlog of \u20ac305mn at end-Jun, a projected 23% EBIT CAGR in 2023-26E and a strong competitive positioning, Next Geosolutions Europe stands out as a promising opportunity for long-term investment.<br><br>Alantra initiated coverage with BUY rating and target price of \u20ac10.4\/share.<\/p>\n\n\n    <div class=\"button--block \">\n        <div class=\"button--block_box\">\n                                                                <a href=\"https:\/\/www.alantra.com\/global-presence\/italy-investment-banking\/\" class=\"btn\" target=\"\">View Italy <span class=\"btn__arrow\"><\/span><\/a>\n                                                                                <a href=\"https:\/\/www.alantra.com\/what-we-do\/investment-banking\/our-sectors\/maritime-and-offshore\/\" class=\"btn\" target=\"\">View Maritime &amp; Offshore <span class=\"btn__arrow\"><\/span><\/a>\n                                    <\/div>\n    <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Milan &#8211; Alantra has been appointed as Corporate Broker to Next Geosolutions Spa and has initiated coverage by the Alantra Italian Equity Research team. With \u20ac149mn revenues, 27% EBITDA and 41% ROCE in 2023, Next Geosolutions Europe conducts subsea surveys, encompassing geophysical and geotechnical aspects, to map marine soil characteristics and acquire detailed soil data [&hellip;]<\/p>\n","protected":false},"featured_media":33688,"parent":0,"template":"","meta":{"_acf_changed":false},"country":[22],"ib-service":[182],"sector":[155],"class_list":["post-33899","ib-transaction","type-ib-transaction","status-publish","has-post-thumbnail","hentry","country-italy","ib-service-corporate-broker","sector-maritime-and-offshore"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/ib-transaction\/33899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/ib-transaction"}],"about":[{"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/types\/ib-transaction"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/media\/33688"}],"wp:attachment":[{"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/media?parent=33899"}],"wp:term":[{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/country?post=33899"},{"taxonomy":"ib-service","embeddable":true,"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/ib-service?post=33899"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/sector?post=33899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}