Gentili Mosconi-s.P.A.: Resilience Amidst Challenges with Strategic Acquisitions and Improved Margins

TP ICAP MIDCAP analyst Filippo Migliorisi maintained a Buy rating on Gentili Mosconi-s.P.A. (GM – Research Report) yesterday and set a price target of €3.40.

Filippo Migliorisi has given his Buy rating due to a combination of factors that highlight both challenges and opportunities for Gentili Mosconi-s.P.A. Despite a challenging 2024 with a significant revenue decline and reduced EBITDA, the company has shown resilience through improved industrial margins and strategic acquisitions. The group’s ability to streamline processes and enhance its sales mix, particularly in the ‘Accessories’ segment, has contributed to this positive outlook.
Looking ahead to 2025, while visibility remains limited, the company is poised to benefit from favorable base effects and a continued acquisition strategy. The anticipated stabilization of revenue and potential new client contributions in Italy and China are expected to support a stronger performance in the latter half of the year. These factors, combined with an expected improvement in adjusted EBITDA, underpin Migliorisi’s Buy recommendation with a target price of €3.4.