Mentice Q2 2023: Sales growth and margin expansion - Redeye

Redeye updates its estimates and valuation following Mentice’s Q2 2023 report. We judge that positives from the report include continued top-line and order intake growth. Further, the company’s EBITDA and EBIT margins were c4-6% higher than we had pencilled in. Notably, Q2 2022 represented soft comparables, though we still judge that Mentice posted unexpectedly strong numbers.

Länk till analysen i sin helhet: https://www.redeye.se/research/924366/mentice-q2-2023-sales-growth-and-margin-expansion?utm_source=finwire&utm_medium=RSS