Banijay Group Eyes €7 Billion Sales by 2028, Analysts Bullish
Banijay Group, a leading European entertainment and games company, has set ambitious targets for the coming years. Founded in 2008 by Stephane Courbit, who remains at the helm, the company is aiming for €7 billion in sales and over €1.2 billion in adjusted EBITDA by 2028. Investment bank Berenberg has recently issued a 'BUY' advice for the company, with a price target of €13.50 and potential 52% upside.
Banijay Entertainment, the company's content production and distribution arm, faces fierce competition but maintains its lead with hit games like Peaky Blinders and Black Mirror. To stay ahead, the company must continually innovate and retain top creative talent. Integrating acquisitions successfully is also crucial for Banijay's future growth.
Banijay games, one of Europe's most innovative online betting companies, is expected to report impressive growth, with sales and EPS CAGR of 7.5% and 22% respectively over the next three years. However, the company may face stronger competition and stricter regulation, which could put pressure on its profitability.
Banijay Group, with its two divisions Banijay Entertainment and Banijay games, is poised for significant growth in the coming years. The company's ambitious targets and positive analyst advice indicate a promising future, despite the challenges posed by intense competition and potential regulatory pressures.
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