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Onsdag 28 Oktober | 21:15:30 Europe / Stockholm

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Stille Q3 2023: Beat on sales and EBIT – positive outlook and attractive valuation

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Stille Q3 2023: Beat on sales and EBIT – positive outlook and attractive valuation

2023-10-27 09:50:00

Redeye recognizes a solid Q3 report from Stille, which unveiled nuggets such as 18% y/y sales growth and EBIT margin of 16%, both slightly surpassing our estimates. The current valuation indicates EV/EBIT of 11.8 for 2023, marking a notable discount compared to historical multiples.

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