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W5 Solutions - Strong growth outlook for 2023
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2023-03-02 07:47:00
Redeye updates on W5 following its Q4-results which saw solid growth but lower profitability than expected due to continued shortage of components. Looking into 2023, the outlook is strong where the company aims to achieve organic growth of 25% and including the acquisition of ArcQor, growth is expected to total 75%. On the back of the new target for 2023, we raise 2023-24E EBITDA with 19% while our new base case stands at SEK86 (SEK70).
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/