Strong Financial Performance and Strategic Positioning Drive Buy Rating for Orsero SpA

Analyst Gabriele Berti from Intesa Sanpaolo reiterated a Buy rating on Orsero SpA (WRG – Research Report) and keeping the price target at €24.60.

Gabriele Berti has given his Buy rating due to a combination of factors that highlight Orsero SpA’s strong financial performance and strategic positioning. The company reported a robust start to FY25, surpassing expectations with significant revenue growth driven by strong contributions from the Iberian Peninsula and Mexico, and continued resilience in its core markets of France and Italy. This growth was supported by increased volumes and a favorable price/mix, particularly in higher value-added categories.
Additionally, Orsero’s banana segment exceeded internal forecasts, benefiting from a favorable EUR/USD exchange rate. The company’s diversified sourcing and vertically integrated logistics mitigate potential impacts from U.S. tariffs, particularly in strategic categories like bananas and pineapples. The solid first-quarter results and adaptability to market conditions reinforce management’s confidence in meeting FY25 guidance. The stock’s attractive valuation, combined with a resilient business model and sound financial structure, supports the Buy recommendation.

WRG’s price has also changed moderately for the past six months – from EUR12.480 to EUR13.760, which is a 10.26% increase.