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Onsdag 28 Oktober | 17:15:30 Europe / Stockholm

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Redeye

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Urb-it - Impressive Q1 sales growth

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Urb-it - Impressive Q1 sales growth

2021-04-30 11:00:00

Redeye shares its thoughts following Urb-it’s Q1 report, where net sales grew 143% y-o-y – largely due to continued favourable market conditions coupled with the partnerships, such as La Poste, paying off. We understand the market is still very favourable and that Urb-it will go live with large new customers in Q2 – further set to spur Urb-it’s growth. We make minor estimate revisions and keep our fair value range intact.

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