Weakest adj. EBITA margin since Q2'14 (4.4%) behind miss. Low utilisation will put pressure on prices, adj. EBITA -6-15%. We remain cautious, but at 7.4x EV/EBITA '24e we stick to HOLD.

20 Jul 2023
Tough market out there

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Tough market out there
Knowit AB (KNOW:OME) | 0 0 0.0%
- Published:
20 Jul 2023 -
Author:
ABGSC IT Research | Daniel Thorsson | Simon Granath -
Pages:
11 -
Weakest adj. EBITA margin since Q2'14 (4.4%) behind miss. Low utilisation will put pressure on prices, adj. EBITA -6-15%. We remain cautious, but at 7.4x EV/EBITA '24e we stick to HOLD.