Today ABG Sundal Collier sponsored research initiates coverage of Energy Save. Read the full report here!
Ready to ride the next green wave
Energy Save is a Swedish heat pump manufacturer (~75% residential, ~25% commercial) that uses in-house R&D and outsourced production to deliver growth above the market (>20%) and a 15% EBIT margin in the longer-term. The company has grown sales by ~30% p.a. historically, and sells its products through distributors under its own brand, and to OEMs through a private label approach.