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Stillfront - Trimmed growth forecast, increased EBITDAC

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Stillfront - Trimmed growth forecast, increased EBITDAC

2023-07-27 08:55:00

Redeye updates on Stillfront following the company’s Q2-results where revenue was close to our expectations while EBITDAC was stronger than expected. The growth outlook remains uncertain, and we have trimmed our growth forecast somewhat, however, EBITDAC estimates are slightly increased on the back of stronger profitability and lower capital development costs.

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