AHL – Adrad Holdings Ltd

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Recommendation Rating

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 1.18

Low: 1.13

High: 1.23

Total Analysts: 2

Company Profile

Adrad Holdings Limited is an Australia-based automotive aftermarket and industrial original equipment (OE) heat transfer solution provider. The Company designs and manufactures heat transfer solutions for industrial applications and also manufactures, imports, and distributes aftermarket automotive parts for the Australian and New Zealand markets, as well as for OE customers globally. The Company operates through two segments: Aftermarket, and Original Equipment Market (OEM). The Aftermarket segment includes Australian manufacturers, importers, and distributors of radiators and other heat exchange products for the Australian and New Zealand automotive and industrial aftermarket. The Original Equipment Market (OEM) segment includes designers and manufacturers of OEM industrial radiator and cooling systems across a broad range of market sectors. The Company has approximately 16 warehouse locations in Australia, New Zealand, and Thailand.

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