~10% order and EBIT beat, but the share traded down today. Main negative was -2.4bn in FCF, but should have been expected. Share reaction demonstrates exceedingly high expectations, SELL
26 Apr 2024
Consensus does not make the market
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Consensus does not make the market
- Published:
26 Apr 2024 -
Author:
ABGSC Capital Goods Research | Henric Hintze -
Pages:
16 -
~10% order and EBIT beat, but the share traded down today. Main negative was -2.4bn in FCF, but should have been expected. Share reaction demonstrates exceedingly high expectations, SELL