LG Energy Solution Watchlist
LG Energy IPO – The Financials
Equity Capital Markets
385 Views, 28 Dec 2021 17:52
- LG Energy has demonstrated the ability to rapidly grow revenue and a $27.5bn revenue target for FY24 looks reasonable enough based on current conditions.
- However, that growth has come with numerous issues such as recalls due to battery fires and questionable strategic positioning for the future.
- In addition, overall profitability metrics look challenging relative to peers such as CATL.