2025 started off on the right foot for Illyda, as its shares in the early days of the new
year hit a 15-year high, while in 2024 they had recorded a 50% rise. What is it that
gives… wings to the listed company?
The fact that the company is growing. That is, it is slowly getting into the Recovery
Fund projects, which it is already bidding for, and the public sector projects. Areas
which are creating the right conditions for new projects.
NEW WORK IN THE EDUCATION SECTOR
The company’s strong sectors are those of health and education, where it is
constantly taking on new projects and has acquired considerable expertise. However,
starting from 2025, the company will also focus on other sectors, without of course
leaving the sectors in which it already has great expertise. This is the second reason
why the stock has rallied, along with the rise of the technology sector in general.
CONVERTIBLE BOND
The company recently entered into a €10 million bond loan, convertible into shares
for a period of 5 years. This amount caused a sensation in the market as it exceeds
the company’s equity. However, the same information indicates that these funds will
finance its growth. How? By taking on new Recovery Fund projects, for which there
needs to be a large amount of capital to implement, as well as a “safety cushion” in
case of delays.
PARTNERSHIP
In this context, it is not excluded that the listed company may enter into a partnership
with a larger entity, in order to undertake larger projects and, of course, to share any
risk of finding capital. 2024 reportedly ended on a positive note with an increase in
size, while the outlook for 2025, for all the above reasons, is equally positive.
Author: Ioanna Dragona
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