IDEAL Holdings: Solid 9M, promising 2025-28e growth outlook

* 9M net income soared 62% y-o-y to €16.4m (slight beat), driven by Barba Stathis (added €4m EAT) first-time consolidation…

*…IT & attica earnings up also at high double-digits, on sharp margin expansion (the former) and market share gains (latter)

* Ideal sees SPV’s (where all key investment assets have been transferred) FY28e EBITDA at €81m from €54.8m in 2025e

 

IDEAL Holdings_9M25 results comment