Proact Q1 2023: Solid Sales, High OPEX - Redeye

Redeye will likely slightly lower its forecast and Base Case following the Q1 report. While sales was solid, especially recurring revenue, matching our forecasts, a somewhat lower gross margin and higher OPEX resulted in a soft EBITA below our expectations. Proact has launched a cost-savings program to progress towards its 8% EBITA margin target.

Länk till analysen i sin helhet: https://www.redeye.se/research/901980/proact-q1-2023-solid-sales-high-opex?utm_source=finwire&utm_medium=RSS