MT Højgaard Holding Q2e: Order activity picking up - ABG
2024e estimates raised by 1-2% on order phasing
We're above guidance midpoint but expect unchanged FY'24 outlook
Order intake picking up following meagre Q1'24
We are 1-3% ahead of the guidance midpoint
We raise our FY'24 forecasts by 1-2% (page 4). Our FY'24 order intake forecast is unchanged, but we have assumed a phasing of orders from H2'24 into Q2'24, which results in slightly higher forecasted revenues in H2'24 and FY'24. While we are 1-3% ahead of the midpoint of the company's FY'24 financial guidance, we expect the company to maintain its financial outlook alongside the Q2 report.
Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/mt-hojgaard-holding/Equity-research/2024/8/mt-hojgaard-holding---q2e-order-activity-picking-up/