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Onsdag 28 Oktober | 18:10:42 Europe / Stockholm

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Redeye

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Addnode - Soft Design Management Hurts Q2

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Addnode - Soft Design Management Hurts Q2

2023-07-03 08:35:00

Redeye believes the sharp share price decline constitutes an attractive opportunity for the long-term investor despite lowering its Base Case. While lowering our EBIT forecasts for 2023 and 2024 by 29% and 23%, we believe the long-term case in Addnode is intact. Addnode is now trading below our Base Case, which is rare from a historical perspective.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/