Enea Q2’24: Robust growth and profitability - Redeye

Redeye states that Enea showed in Q2 that organic growth is here to stay, delivering +14% y/y growth. Particularly encouraging is the growth in the two core business areas - +25% y/y in Networks and +15% y/y in Security. With 35% EBITDA margin, Enea once again proved strong profitability, albeit just below Redeye's estimates. Outlook remains unchanged with "30%+ EBITDA margin and strong cash flow" for 2024. Redeye will likely only make minor estimate changes and maintain its fair value range.

Länk till analysen i sin helhet: https://www.redeye.se/research/1021865/enea-q224-robust-growth-and-profitability?utm_source=finwire&utm_medium=RSS