Serstech: Outlook remains strong - Redeye

Redeye updates its estimates and valuation following Serstech's Q3 2024 report. Sales, as expected, were significantly below forecasted figures, although solid cost control was a mitigating factor. Forecasts are revised downwards for 2024e based on management commentary, which results in a lowered fair value range. Nevertheless, Redeye's Base Case still indicates a 60% upside to the current share price, and we expect strong order intake during year-end and early 2025e to close the gap.

Länk till analysen i sin helhet: https://www.redeye.se/research/1054019/serstech-outlook-remains-strong?utm_source=finwire&utm_medium=RSS