B&C Speakers S.p.A.: Strong Financial Performance and Growth Potential with 25% Upside

Alantra Equities analyst Andrea Zampaloni reiterated a Buy rating on B&C Speakers S.p.A. (0OM7 – Research Report) yesterday and set a price target of €19.00.

Andrea Zampaloni has given his Buy rating due to a combination of factors that highlight B&C Speakers S.p.A.’s strong financial performance and potential for growth. The company reported an impressive 8.3% year-over-year increase in net sales for the first quarter of 2025, driven entirely by organic growth and higher volumes. This growth was particularly strong in Europe, excluding Italy, with a 22% increase, and there were positive signs of recovery in the Asia-Pacific region following a period of destocking in China.
Furthermore, B&C Speakers S.p.A. achieved a significant expansion in gross margin, which rose by 400 basis points to 41.2%, thanks to a favorable product mix and effective cost control. This improvement in margins led to a 25.3% year-over-year increase in EBITDA, reaching €6.3 million. Despite some supply chain challenges related to tariffs in China, the company’s strong cash flow and positive net financial position provide a solid foundation for future growth. Zampaloni maintains a target price of €19 per share, reflecting a 25% upside potential, supported by easing tariffs and potential market recoveries in China and the US.

0OM7’s price has also changed slightly for the past six months – from EUR14.799 to EUR16.100, which is a 8.79% increase.