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Deoleo corrects from highs after the “oil” effect

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Deoleo corrects from highs after the “oil” effect

Deoleo is taking over the market a well-deserved rest after uploads to double digital, which came to touch 47% in just 7 trading days, including one of clear correction with losses of 4.5%. A completely unexpected situation on the part of the company and an unexpected one, as we have already mentioned due to the effect derived from the shortage of the main exporter of sunflower oil to Spain, Ukraine, where 60% of what is sold in our country comes from.

The accumulation of oil of this type led to shortages in many supermarkets and led not only to a rise in prices but also a drift towards olive oil of which, let’s not forget Deoleo is the leader, with brands such as Carbonell and Hojiblanca in the market. The rest is a reflection of this increase in sales in the market.

To this is added that olive oil is one of the products, which, with the rise in inflation before the current exponential levels, had become more expensive. In fact, the one with the most in the shopping cart with 29% accumulated gains. Thus, the predictable positive impact on the company’s income statement is an irrefutable fact, for a company that, after its construction, has not only presented advances in the last two stock market years, but also in its income statement.

In fact, at the end of 2021, Deoleo earned 61 million euros and its EBITDA, its gross explosion result reached 48 million euros, with its debt falling to 120 million euros, with a 20% reduction and increasing vents to 6%.

On your stock chart we see that the value advance in the year not significant 23.1%, with reservations in the previous 20 sessions of 20%. However, before its vertical rise, the correction of the past day 16, exceeds 13.3%.

Deoleo annual value quote

Deoleo annual value quote

As for the 2022-2026 Strategic Plan, the idea makes the company the undisputed leader in the olive oil industry. The forecasts are that its Ebitda will grow annually by 15%, above the average growth estimated in the market and which would reach a figure of 90 million euros, in its gross result of explosion, at the end of that period.

The Plan specifically pursues three objectives, the consolidation of the group in which everything revolves around the consumer, focus on the gesture of your marks and evolutionary towards a lower risk profile, to decentralize the oil with the rest of its products the level of sales. All of this with a view to the United States, one of its main markets, as well as amplifying those with a large volume in which it has less penetration, always displaying its sustainability.

The technical indicators prepared by Investment Strategies place Deoleo with an improvement of two points, in rebound mode for the value. Altogether just reaches 3.5 total points of the 10 possible that the value can reach. Only in positive does the volume of business move in the medium term, which is increasing, and the amplitude range, which is decreasing in the long term, to which is added the medium-term trend, which is bullish.

Deoleo premium egg indicators

Deoleo premium egg indicators

On the other side stands long-term downtrend, the total moment, slow and fast that is negative for the value, the volume of business that is shown to be decreasing in the long term and the growing volatility that Deoleo shows in the medium term.

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