Aalberts N.V. (OTCPK:AALBF) Q2 2025 Earnings Conference Call July 24, 2025 3:00 AM ET Company Participants Frans den Houter - Corporate Participant Rutger Relker - Director Investor Relations Stephane Simonetta - CEO & Member of the Management Board Conference Call Participants Chase Coughlan - Unidentified Company Christoph Greulich - Joh.
Aalberts is a resilient, undervalued compounder with strong brands, benefiting from megatrends like energy efficiency, semiconductors, and reshoring. Despite recent revenue softness, Aalberts is executing cost-saving measures, portfolio optimization, and targeting growth in the U.S. AALBF maintains a solid dividend policy, strong free cash flow, and has initiated a buyback program, highlighting commitment to shareholder returns.
Aalberts N.V. (OTCPK:AALBF) Q4 2024 Earnings Conference Call February 27, 2025 3:00 AM ET Company Participants Rutger Relker - Director, Investor Relations Stephane Simonetta - Chief Executive Officer Arno Monincx - Chief Financial Officer Conference Call Participants David Kerstens - Jefferies Martijn den Drijver - ABN AMRO Alex Virgo - Bank of America Chase Coughlan - Van Lanschot Kempen Ruben Devos - Kepler Cheuvreux Rutger Relker Good morning, ladies and gentlemen.
Aalberts faces significant headwinds in the building and industrial segments, with notable slowdowns in Europe. Aalberts aims to rebalance its portfolio by focusing more on the US market and reducing dependency on the building segment, targeting doubled US revenue by 2030. Based on the company's quality characteristics, there are plenty of reasons to remain positive about the long-term.
Aalberts, a serial acquirer in HVAC and industrial technology, trades at a discount despite a strong track record and resilience in diverse markets. The company faces headwinds in European construction but benefits from renovation needs, data center construction, and energy efficiency initiatives. New management introduces risk, but Aalberts' solid balance sheet and historical performance provide confidence in navigating market weaknesses.
Aalberts is a relatively unknown company internationally, but has strong long-term potential. The company is active in various growth markets, has a disciplined capital allocation strategy and an excellent dividend growth track record. Despite the disappointing half-year results, the company is holding up well and the long-term potential is still intact.