Adj. EBITDA SEK 498m, +96% y-o-y and EBIT consensus beat
RCF drawn as three new studios consolidated in Q1
Pro forma leverage of 1.3x, up from 0.9x in Q4/20
We continue to favour Stillfront 2024 bonds - outperform
05 May 2021
Arctic Credit FLASH: Stillfront Group - Revs in line, EBIT above, organic growth 10%
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Arctic Credit FLASH: Stillfront Group - Revs in line, EBIT above, organic growth 10%
Adj. EBITDA SEK 498m, +96% y-o-y and EBIT consensus beat
RCF drawn as three new studios consolidated in Q1
Pro forma leverage of 1.3x, up from 0.9x in Q4/20
We continue to favour Stillfront 2024 bonds - outperform