SRV Group: Market conditions starting to show - Evli

SRV's net sales in Q4 amounted to EUR 181.2m, below our estimates and below consensus (EUR 211.9m/214.0m Evli/cons.). Profitability was a disappointment, with EBIT at EUR -6.3m (EUR 3.6/4.1m Evli/cons.). Group revenue in 2023 is expected to be lower than in 2022 and operative operating profit positive but lower than in 2022.

Länk till analysen i sin helhet: https://www.evli.com/hubfs/ERP/Raportit/SRV/SRV%20230202%20Q4%20Earnings%20flash.pdf