Analyst Group initiates assignment coverage of Umida

Analyst Group initiates coverage of the beverage company Umida through a mission analysis.

Analyst Group believes that Umida is facing a shift towards profitable growth. Following the acquisition of Ekobryggeriet and the launch of Joluca’s functional beverages, combined with a streamlining of the business and increased sales through own brands, the company is expected to achieve profitable growth.

“…Expected to lead Umida to achieve higher gross margins and profitable growth in the coming years. For 2025, ebitda earnings of SEK 18 million are estimated and based on an assumed ev/ebitda multiple of 11.5x, a potential present value of SEK 4.2 per share is derived in a base scenario,” writes Analyst Group.