Dist IT Q2E: A solid performance expected - SEB

DistIT Group, the leading distributor of IT/Technology and SDA consumer goods in the Nordic and Baltic markets, will report Q2 results on 18 August at 08.00 CET. Adjusting for SEK 7m in state support (Covid-19) included in Q2 results last year, we expect a clear margin gain y/y on back of mainly good organic growth (while social restrictions should burden its Septon division within professional audio). We reiterate our midpoint DCF-based equity valuation of SEK 125.

Länk till analysen i sin helhet: https://research.sebgroup.com/corporate/reports/109925