Lifeclean Q2’2024: Focus starts to pay off - Redeye

Redeye saw sales development that was far better than our expectations. Sales development compared to last year’s quarter was up 46%. Management's increased focus on the right deals has started to pay off. We have significantly increased our sales estimates for 2025/2026e while increasing costs to sustain the higher growth. We have increased our Base case to SEK 8.0 (6.7) per share and our Fair value range to SEK 3.9 – 16.2 (3.6–15) per share.

Länk till analysen i sin helhet: https://www.redeye.se/research/1037795/lifeclean-q22024-focus-starts-to-pay-off?utm_source=finwire&utm_medium=RSS