Beijer Group: Forming a new base - Redeye
Redeye updates its estimates following Beijer Group’s Q4 2022 report. The company’s sales were above our estimate by around 3.5%. At the same time, the EBIT and EBIT margins were weaker than anticipated, mainly because of increased purchases on the spot market to fill orders. Q4 2022 marked the end of a successful year for Beijer Group, which has formed a new base in terms of both order volume and profitability in recent times. Redeye ups its medium-term forecasts to reflect this shift, leading to an increased base case.
Länk till analysen i sin helhet: https://www.redeye.se/research/872338/beijer-group-forming-a-new-base?utm_source=finwire&utm_medium=RSS