Mentice Q2 2024: Reassuring rebound - Redeye

Redeye updates its estimates and valuation following Mentice’s Q2 2024 report. Both top-line and margins considerably beat our expectations, leading to a balanced H1 2024 after soft Q1 figures. We judge Mentice will see a more normal seasonality this year versus 2023, i.e., H2 sales and order intake should exceed H1. We nudge up our estimates and valuation.

Länk till analysen i sin helhet: https://www.redeye.se/research/1025847/mentice-q2-2024-reassuring-rebound?utm_source=finwire&utm_medium=RSS