Duell: Difficulties persist - Evli
Duell’s Q4 results were largely in line with the previously released preliminary figures. Reflecting the ongoing strain on the company's balance sheet, Duell announced that it is considering a rights issue to strengthen the balance sheet. With the expected continued operational softness and no positive drivers for the stock ahead of the potential sizeable rights issue, we further downgrade our TP to EUR 0.4 (0.9) and rating to SELL (HOLD).
Länk till analysen i sin helhet: https://www.evli.com/hubfs/ERP/Raportit/Duell/Duell%20231010%20Q4%20Company%20update.pdf