Energy Save: Short-term uncertainty but long-term outlook intact - Redeye
Redeye updates its view on Energy Save (ES) post its Q1 2023/24 report. The report was soft and showed weaker sales and EBIT than expected. However, ES announced a licensing agreement with Aira over four years, expected to yield sales of SEK200m-400m in the coming two years. Following the weaker report and somewhat higher uncertainty regarding the market outlook in the short term, we lower our estimates and valuation.
Länk till analysen i sin helhet: https://www.redeye.se/research/942790/energy-save-short-term-uncertainty-but-long-term-outlook-intact?utm_source=finwire&utm_medium=RSS