A

Aalberts NV
AEX:AALB

Watchlist Manager
Aalberts NV
AEX:AALB
Watchlist
Price: 29.32 EUR 2.81% Market Closed
Market Cap: 3.2B EUR

Aalberts NV
Investor Relations

Aalberts NV, an industrial juggernaut based in the Netherlands, has mastered the art of engineering and manufacturing sophisticated technologies that find applications across multiple sectors. Founded in 1975, the company evolved from a small local player into a global leader through strategic acquisitions and a steadfast commitment to innovation. It has meticulously diversified its portfolio, engaging in activities ranging from precision machinery to fluid control solutions. Aalberts operates through several key divisions: Installation Technology, Material Technology, Climate Technology, and Industrial Technology. Each segment thrives on its ability to create value through engineering excellence, addressing the needs of industries like automotive, healthcare, and energy. The company's prowess lies in its ability to integrate its technologies seamlessly into customer processes, enhancing efficiency and performance.

Revenue generation at Aalberts is anchored in its customer-centric approach, which focuses on offering custom-engineered solutions that improve productivity and sustainability for businesses around the globe. The company not only manufactures components but also provides value-added services, ensuring a steady stream of income. Aalberts invests heavily in research and development, enabling it to anticipate and meet the demands of an ever-changing technological landscape. Through innovative product development and a keen eye on market trends, Aalberts solidifies its relationships with clients, ensuring loyalty and long-term contracts. By efficiently managing its supply chain and leveraging its global footprint, Aalberts can respond swiftly to market demands, driving both its top and bottom lines. In a world primed for growth yet fraught with challenges, Aalberts continues to carve out a niche by being indispensable to the industries it serves.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q4 2022
Call Date
Feb 23, 2023
AI Summary
Q4 2022

Record Results: Aalberts achieved over €3 billion in revenue and €500 million EBITA for the first time, with both metrics up 10% year-on-year and net profit rising to €372 million.

Organic Growth: The group delivered 8.7% organic revenue growth, significantly above its long-term target range of 4–6%.

Margin Resilience: The EBITA margin improved to 15.5%, and the added-value margin rose to 62.4%, even amid high inflation and supply chain challenges.

Inventory Buildup & Cash Flow: Inventories and net working capital increased sharply to secure growth and market share, causing free cash flow to drop to €168 million from €310 million last year. Management expects normalization in coming years.

Strong Order Book: The order book at year-end was up 37%, supporting a positive outlook for 2023, especially in semicon efficiency and renovation-driven building markets.

Operational Excellence Investment: €25 million invested in operational excellence is expected to yield recurring annual savings of €12.5 million in both 2023 and 2024.

Dividend Raised: Proposed dividend per share increased 10% to €1.11.

Sustainability Progress: 68% of revenue now linked to sustainable development goals, and Scope 1 & 2 emissions already reduced by 29% vs. 2018.

Key Financials
Revenue
€3.230B
EBITA
€500.3M
Net Profit
€372M
EPS
€3.37
Dividend per Share
€1.11
Organic Revenue Growth
8.7%
EBITA Margin
15.5%
Added-Value Margin
62.4%
Free Cash Flow
€168M
Net Working Capital
€721M
Leverage Ratio
1.3x
CAPEX
€203M
Innovation Rate
17%
R&D Expenditure
More than 5% of revenue
SDG Rate
68%
Scope 1 & 2 Emissions Reduction
29% reduction vs 2018
Order Book
Up 37% YoY
Earnings Call Recording
Other Earnings Calls

Management

Mr. Stéphane Simonetta
CEO & Member of the Management Board
No Bio Available
Ms. Suzanne Verzijden
Chief People & Culture Officer
No Bio Available
Mr. Thomas Breser
Member of the Management Team - Advanced Mechatronics Group
No Bio Available

Contacts

Address
UTRECHT
Langbroek
Stadsplateau 18
Contacts
+31303079300.0
aalberts.com