Polygiene Group: It’s starting to smell like success
Coverage Initiation
2024-10-10
07:37
Redeye initiates coverage of Polygiene Group, a Swedish company specializing in odour-control and antimicrobial treatments for textiles and hard surfaces. With a net cash position and strong gross margins near 70%, the company is well-positioned for future growth. Operating through a scalable co-branding model, Polygiene Group collaborates with over 500 international partners across diverse sectors such as healthcare, automotive, and lifestyle products. The company’s dual focus on textiles and hard surfaces allows for diversification, while its ongoing innovation and strategic acquisitions strengthen its technological capabilities. With an expected double-digit annual sales growth, Polygiene’s scalability is set to drive both revenue and margin expansion, capitalizing on increasing demand for sustainable and hygienic solutions.
Fredrik Reuterhäll
Rasmus Jacobsson
Disclosures and disclaimers