Revenues : + 6 %
EBITDA : + 19 %.
In the furniture/renovation sector.
Without any acquisition.
Once again driven by KWB (kitchen and wardrobe renovation chain) which grew its sales and EBIT by respectively 8 % (despite closing 1 showroom) and 32 % (21.7 % margin). This comes after FY 23 when KWB increased its sales and EBIT by respectively 14 % and 32 %.
We just need to keep in mind that KWB is only owned at 51 % by Joyce, when looking at the valuation ratios.
If we annualise H1 24 EBITDA (excluding minority interests), Joyce is valued with an EV/EBITDA of 3.7 x, while there is still a real potential of expansion for KWB, which has only 25 showrooms throughout Australia
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- Ann: Media Release - Half-Year Results 31 December 2023
Revenues : + 6 %EBITDA : + 19 %.In the furniture/renovation...
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$4.20 |
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Mkt cap ! $123.8M |
Open | High | Low | Value | Volume |
$4.20 | $4.20 | $4.20 | $1.827K | 435 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3520 | $4.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.32 | 83 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3520 | 4.200 |
1 | 15 | 4.160 |
1 | 3679 | 4.140 |
1 | 4250 | 4.100 |
1 | 125 | 4.010 |
Price($) | Vol. | No. |
---|---|---|
4.320 | 83 | 1 |
4.330 | 1644 | 1 |
4.510 | 1000 | 1 |
0.000 | 0 | 0 |
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