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Onsdag 28 Oktober | 18:58:46 Europe / Stockholm

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AroCell Q2 - First quarter with a positive cash flow

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AroCell Q2 - First quarter with a positive cash flow

2024-08-21 15:26:00

Redeye is encouraged to see AroCell recording its first quarter with a positive cash flow, and the report solidifies our take on the coming quarters. We learn about a coming strategic overview that could entail an acquisition, but nothing concrete has been announced. We leave our base case intact and point to AroCell trading at undeservedly low EV/sales multiples.

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