Hanza: Expanding in the Northeast - Redeye

Redeye takes a positive stance towards Hanza's acquisition of Leden. The ~2x net debt 2025e is well within healthy territory – although a weaker market than expected would likely result in a lower EBITDA – and the product, customer, and geographic rationales are clear and align well with Hanza’s strategy.

Länk till analysen i sin helhet: https://www.redeye.se/research/1064734/hanza-expanding-in-the-northeast?utm_source=finwire&utm_medium=RSS