Enea preview Q3 2024: Organic growth likely despite tough comps - Redeye

Redeye updates its estimates for the Q3 2024 report (due 2024-10-25). Redeye makes slight upward estimate changes for Q3, following last week's order. As such, Redeye expects +4% y/y organic growth in total, with +15% for Security, +1% for Network and -27% for Operating Systems. Despite tough comps originating from a one-off license income last year, the recent order makes us estimate another quarter with positive organic growth. Profitability-wise, Redeye expects sound profitability (SEK73m EBITDA vs SEK68m last year) and cash generation (SEK51m EBITDA-CAPEX vs SEK48m last year).

Länk till analysen i sin helhet: https://www.redeye.se/research/1040636/enea-preview-q3-2024-tough-comps-but-solid-underlying-development?utm_source=finwire&utm_medium=RSS