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Onsdag 28 Oktober | 19:02:57 Europe / Stockholm

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Magle Chemoswed Q3 - Record high sales bolstered by merger

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Magle Chemoswed Q3 - Record high sales bolstered by merger

2024-10-25 10:14:00

Redeye provides a research update following the Q3 report recently published by Magle. Following the merger and acquisitions of pK Chemicals and Amniotics, we believe that Magle is poised to generate long-term shareholder value. Furthermore, the company reported record high sales figures at SEK64.6, a 78% y/y growth, with an impressive 32% EBITDA margin. We reiterate our fair value range (SEK30 – SEK70) with a base case valuation of SEK50.

Read more and download the Research Update.

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