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Landis+Gyr Group AG ( (CH:LAND) ) just unveiled an announcement.
Landis+Gyr reported a strong order backlog of USD 4 billion and a high order intake, reflecting customer trust and global energy demand. Despite a 16.4% decrease in net sales, the company improved its EBITDA margin and plans a USD 175 million share buyback following the EMEA divestment, aiming for disciplined value creation.
The most recent analyst rating on (CH:LAND) stock is a Hold with a CHF63.00 price target. To see the full list of analyst forecasts on Landis+Gyr Group AG stock, see the CH:LAND Stock Forecast page.
More about Landis+Gyr Group AG
Landis+Gyr Group AG is a global leader in integrated energy management solutions, focusing on Grid Edge Intelligence for utilities. The company operates in the energy sector, providing products and services that cater to the increasing global energy demand.
Average Trading Volume: 55,170
Technical Sentiment Signal: Buy
Current Market Cap: CHF1.78B
For a thorough assessment of LAND stock, go to TipRanks’ Stock Analysis page.