CTEK: Heading into peak season - Redeye
Redeye updates its estimates following CTEK’s Q3 report, which was better than we expected. We were most impressed by the low-voltage sales, which managed to generate 16% organic growth y-o-y. This was the key driver of the adjusted EBITA margin, which increased to 14% in the quarter. CTEK has kept improving in sales and profitability for every quarter during the last year, and we think the outlook remains solid for both the consumer- and professional segment as we are heading into Q4, which typically is the strongest quarter of the year for CTEK.
Länk till analysen i sin helhet: https://www.redeye.se/research/1057800/ctek-heading-into-peak-season?utm_source=finwire&utm_medium=RSS