Q2 was likely the trough. Small estimate revisions, good prospects for a better H2. Poised for improved margins as demand returns, 11x '24e EV/EBIT.

23 Jul 2024
Tracking towards improved margins in H2

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Tracking towards improved margins in H2
- Published:
23 Jul 2024 -
Author:
Nikola Kalanoski | ABGSC IT Research | Daniel Thorsson | Simon Granath -
Pages:
13 -
Q2 was likely the trough. Small estimate revisions, good prospects for a better H2. Poised for improved margins as demand returns, 11x '24e EV/EBIT.