Seasonal slowdown: Q3e sales SEK 30m, EBIT SEK -4m. We expect profitability in '25e: sales SEK 157m, 9% EBIT margin. DCF and peer valuation yield fair value range of SEK 2.0-4.0.

03 Nov 2023
Seasonal weakness ahead

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Seasonal weakness ahead
- Published:
03 Nov 2023 -
Author:
Adrian Gilani | Henric Hintze | ABGSC Chemicals Research -
Pages:
11 -
Seasonal slowdown: Q3e sales SEK 30m, EBIT SEK -4m. We expect profitability in '25e: sales SEK 157m, 9% EBIT margin. DCF and peer valuation yield fair value range of SEK 2.0-4.0.