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Onsdag 28 Oktober | 17:18:59 Europe / Stockholm

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Enea - Time to Raise the Bar

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Enea - Time to Raise the Bar

2021-02-03 11:30:00

Redeye has increased its estimates and valuation for Enea. We argue that it is time for the company to raise the bar in terms of the margin target of 20%, following having earned a 24% EBIT during the midst of a global pandemic. We also believe Enea can vastly surpass its 2023 sales target of SEK 1.5 bn (incl M&A), and the corresponding sales CAGR of 18%.

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