Administer: Good start in terms of profitability - Evli

Administer’s profitability in Q1 improved more than expected, and our 2024E EBITDA estimate is up by some 10%. We raise our TP to EUR 3.0 (2.6), BUY-rating intact.

Länk till analysen i sin helhet: https://www.evli.com/hubfs/ERP/Raportit/Administer/Administer%20240510%20Q1%20Company%20update.pdf