Enea: Strong Report and New Buy-Back Program - Redeye

Redeye states that the Q3 report beat its estimates on all fronts. Primarily, profitability was impressive and almost reached the ambitious target of 35% EBITDA. Slightly higher sales, better gross margin and stronger cost control than expected explain the strong results. Also, Enea has decided to implement another buy-back program of similar size as the last one. Redeye is looking to raise its estimates on profitability, and raise its fair value range by around 10%.

Länk till analysen i sin helhet: https://www.redeye.se/research/949145/enea-strong-report-and-new-buy-back-program?utm_source=finwire&utm_medium=RSS