Addnode Group - Bad News and Good News
2020-07-21 08:10:00
Redeye remains neutral to Addnode following a report highlighting the company’s exposure to cyclical markets as well as management’s ability to handle the fluctuations. Design- and Process management beat our forecasts – partly due to government support – and management announced cost savings in the lagging PLM. We remain neutral to the Addnode share and increase our Base case marginally.
Read more and download the Research Update
Follow companies at Redeye to receive the latest equity research within Life Science and Technology.
This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/