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Onsdag 28 Oktober | 18:11:47 Europe / Stockholm

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Redeye

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InfraCom - Transitional year for the bottom line

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InfraCom - Transitional year for the bottom line

2024-02-23 07:59:00

Redeye states the report aligned with its sales estimates. EBIT margin, and updated profitability targets were major letdowns. However, Redeye believes that the reduced margin is a temporary issue. Additionally, Redeye’s perpetuity EBIT margin is 13%. Thus, at the lower end of the reduced profitability target of an EBIT margin of 15% ± 2pp. Hence, a limited impact on Redeye’s base case.

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