Geographic And Sector DiversificationA significant U.S. civil contract combined with growing partnerships with major cruise operators broadens geographic reach and sector exposure, reducing dependency on any single market and increasing resilience.
Margin Expansion And Cash GenerationExpansion into higher value-added activities such as professional kitchens and turnkey interior outfitting, together with cost normalization, is expected to improve margins and drive robust cash generation that underpins the analyst's BUY rating.
Order Backlog And Contract WinsSecuring the largest-ever turnkey contract to outfit galleys and onboard beer-production facilities for next-generation cruise ships boosts visibility into future revenues and supports the 2026 order backlog.