Production started; we expect 15kt and 65kt in Q2e and '24e. Financial risk looking manageable. TP raised to SEK 75 (65) on lower risk, keep BUY.
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Impressive execution lowers the risk
Cinis Fertilizer AB (9HJ:FRA) | 0 0 0.0%
- Published:
13 May 2024 -
Author:
Adrian Gilani | Olof Cederholm | ABGSC Chemicals Research -
Pages:
10 -
Production started; we expect 15kt and 65kt in Q2e and '24e. Financial risk looking manageable. TP raised to SEK 75 (65) on lower risk, keep BUY.