Mentice Q2 2023: Sales and margins above our estimates - Redeye

Redeye provides its initial take on Mentice’s Q2 2023 report, which came in broadly above our estimates. We judge that positives from the report include continued strong y/y top-line and order intake growth. Further, the company’s EBITDA and EBIT margins were c4-6% higher than we had pencilled in. Notably, we judge Q2 2022 represented soft comparables, though we still believe that Mentice posted unexpectedly strong numbers.

Länk till analysen i sin helhet: https://www.redeye.se/research/924125/mentice-q2-2023-sales-and-margins-above-our-estimates?utm_source=finwire&utm_medium=RSS