B2I’s Q1 results were impacted by fx effects (stronger NOK), which amounted to a ~2-3% headwind on the P&L and ~6% on balance sheet items. Despite this the results were solid, with an adj. EPS of NOK 0.56 vs our NOK 0.39 estimate on the back of continued good collection performance, positive revaluation effects and lower operating expenses. The financial targets for FY28 were maintained and B2I also added some colour on the FY26 targets where the company is now tracking ahead of schedule. On the ....
