Enea Q4 2023: Strong report - Redeye

Redeye states that sales were higher than estimated and that strong profitability led to adjusted EBITDA well above estimates. Higher sales, higher gross margin and lower OPEX explain the deviations. Enea expects an EBITDA margin above 30% for 2024 - higher than Redeye’s current estimate of 27%. Additionally, Enea will continue with a buyback program similar to the previous ones. Redeye is expected to increase its fair value range by 10-15% due to raising its estimates.

Länk till analysen i sin helhet: https://www.redeye.se/research/972420/enea-q4-2023?utm_source=finwire&utm_medium=RSS