Negative organic growth in H2e on tough comps & slowdown. Adj. EBITA -1-2%, a few earnings decline quarters ahead. Expectations and share have reset, 14.4x '24e EV/EBITA: BUY.

17 Jul 2023
Attractive entry point after the drop

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Attractive entry point after the drop
- Published:
17 Jul 2023 -
Author:
ABGSC IT Research | Daniel Thorsson | Simon Granath -
Pages:
10 -
Negative organic growth in H2e on tough comps & slowdown. Adj. EBITA -1-2%, a few earnings decline quarters ahead. Expectations and share have reset, 14.4x '24e EV/EBITA: BUY.