Gwa Group Limited.

( ASX:GWA ) - Capital Goods


GWA Expanding Market Opportunity

GWA Group ((GWA)) has heightened its focus on new product development and gains in market share in the bathroom & kitchen segment. The company has identified an opportunity within this segment, which has become its core after the divestment of several other businesses.

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Analyst Views

GWA – UBS rates the stock as Neutral

Gas appliance manufacturer Rinnai has emerged as the buyer of GWA’s Brivis Climate Systems business, with a sale price in line with book value representing a solid outcome, the broker suggests. The broker believes the intention to sell both Brivis and Dux is a good move on GWA’s part.

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