We raise adj. EBITA by 2-1-0% on '24e-'26e. Adj. EBITA expected to grow 12% y-o-y in H2'24e. 10-8x EBITA on '24e-'26e (8-12% FCFy), ~10% below peers.

24 Apr 2024
On track to deliver profitability gains

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On track to deliver profitability gains
- Published:
24 Apr 2024 -
Author:
Simon Jönsson | ABGSC Services Research | Stefan Knutsson | Julia Sundvall -
Pages:
12 -
We raise adj. EBITA by 2-1-0% on '24e-'26e. Adj. EBITA expected to grow 12% y-o-y in H2'24e. 10-8x EBITA on '24e-'26e (8-12% FCFy), ~10% below peers.