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Onsdag 28 Oktober | 18:58:25 Europe / Stockholm

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QleanAir - Impressive Profitability and Solid Organic Growth

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QleanAir - Impressive Profitability and Solid Organic Growth

2021-11-16 10:05:00

Redeye was surprised by QleanAir’s Q3 report, in terms of profitability. Apart from that, we consider the report to be in line with our estimates and find the 8% organic growth very positive. Covid is still hurting QleanAir, but we believe a recovery is around the corner. We update our fair value range. (This Q3 update includes our initiation of coverage report)

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