Encouraging margin beat, adj. EBITA 18% above cons. Small changes to FY'24e adj. EBITA, improved margins in H2e. Positive earnings trajectory ahead at 7x EV/EBITA adj. – BUY.

16 Apr 2024
Making strides on gross margins

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Making strides on gross margins
- Published:
16 Apr 2024 -
Author:
ABGSC Telecom Equipment Research | Simon Granath | Øystein Elton Lodgaard | Oscar Rönnkvist -
Pages:
13 -
Encouraging margin beat, adj. EBITA 18% above cons. Small changes to FY'24e adj. EBITA, improved margins in H2e. Positive earnings trajectory ahead at 7x EV/EBITA adj. – BUY.