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Onsdag 28 Oktober | 18:56:30 Europe / Stockholm

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Fortnox - Standing Strong

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Fortnox - Standing Strong

2022-05-02 09:45:00

Redeye leaves its Base Case in Fortnox unchanged. While its pricing power and operational performance are impressive, the, in many ways motivated, premium relative to the average Nordic SaaS business is at an all-time high. While we are positive to the long-term case, we see a short-term risk related to valuation multiples.

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