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Easun Reyrolle looking for acquisition overseas
Easun Reyrolle has aggressive growth plans. The key takeaways of the company's analyst meet show that the company will grow at a minimum 50% CAGR over the next four years.
Easun Reyrolle has aggressive growth plans. The key takeaways of the company's analyst meet show that the company will grow at a minimum 50% CAGR over the next four years.
They are eyeing 66% revenue compounded annual growth rate, or CAGR, during FY08-12 and are eyeing 69% profit CAGR during FY08-12, from their Indian operations.
They have de-risked the business model in the last few years and are stressing on new business verticals. They have also ventured in turnkey power projects.
Easun Reyrolle is looking for acquisitions in the power segment overseas and have bought a Canadian company. Analysts said that it will help them gain a foothold in the North American markets. There are no details on the acquisition.
Siemens, which indirectly held 24% stake in the company, has completely exited over the past few quarters.
Their switchgear plant revenues are seen at Rs 30 crore in FY08, added analysts.
They are eyeing 66% revenue compounded annual growth rate, or CAGR, during FY08-12 and are eyeing 69% profit CAGR during FY08-12, from their Indian operations.
