Diasorin SpA
DIA: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| hv | LOCK|&mf<& | LOCK|Xf^t#F^ |
Diasorin Earnings: Solid 2024 Growth in U.S. and Europe; China Remains a Challenge
Narrow-moat Diasorin posted 3% revenue growth for 2024, or 7% excluding covid-related revenue, slightly below expectations. However, adjusted EBITDA grew 5% year over year, with a 59-basis-point margin expansion to 33%. We keep our fair value estimate unchanged at EUR 105 per share.
