Pareto Securities maintains its Hold rating for Dometic and cuts the price target to SEK 22 from SEK 23. Third-quarter revenue and EBITA exceeded expectations by 6% and 11%, respectively, but demand outlook remains subdued.
The analysts believe the company is under pressure from weak market conditions and high indebtedness. Pareto expects organic growth of 1.5% and an EBITA margin of 11.1% in 2027.
The valuation corresponds to 9.2 times expected EV/EBITA for 2026.
