Relatively stable Q2, most items in line. Sales and adj. EBIT a tad weaker, but FCF stronger. Share trading at 9x P/E with 9% buyback/div. yield.

10 Aug 2023
FCF outlook strengthened after Q2

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FCF outlook strengthened after Q2
- Published:
10 Aug 2023 -
Author:
ABGSC IT Research | Oscar Rönnkvist | Simon Jönsson -
Pages:
11 -
Relatively stable Q2, most items in line. Sales and adj. EBIT a tad weaker, but FCF stronger. Share trading at 9x P/E with 9% buyback/div. yield.