Nabaltec Maintains Strong Growth Outlook Following Conference Insights

During the recent European MidCap conference in Paris, Nabaltec's CEO detailed significant business developments. The company reported sustained demand for its eco-friendly flame retardant, ATH, driven by investments in data centers and renewable energy, as well as a recovering US construction sector.

Nabaltec's white powder product, improving thermal management in EV battery adhesives, is projected to reach €6.5 million in sales for FY24, with plans to quadruple production. The investment totals €25 million by the end of FY25, aimed at significantly boosting capacity.

Boehmite sales, boosted by a €1.8 million order in H1, are expected to decline. Nonetheless, ceramic coatings demand in e-mobility suggests a potential rebound.

Despite expiring contracts and higher gas prices, Nabaltec's financials remain stable. Its shares, undervalued at €15 against a book value of €16.7, sustain a "Buy" recommendation with a €25 target.