Aktieanalys

Arise Q3 2024: Beats our estimates due to unexpected revenue recognition - Redeye

Redeye Publicerad: 07 Nov 10:36

Redeye considers Arise’s Q3 2024 report to be in line with our estimates, adjusted for the extra revenue recognition that took place in the quarter (related to project Kölvallen) of EUR3m. This was driven by the divestment of Pajkölen earlier in Q3, which improved the budget for project Kölvallen (which is currently being constructed). We were aware that this would improve the remaining budget, but not that it would boost the Q3 result already. All in all, Arise’s report was solid and further boosted by this earn-out.

Länk till analysen i sin helhet: https://www.redeye.se/research/1053086/arise-q3-2024-beats-our-estimates-due-to-unexpected-revenue-recognition?utm_source=finwire&utm_medium=RSS

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