Suominen: Q2 continued to be affected by high cost and US inventory correction, improvement expected in H2 2022 - Nordea

Suominen’s operations continued to be affected by high cost and slow correction in the US consumer inventories, leaving adjusted EBITDA to EUR 1.9m. Cash flow was strong, however, owing to reduction in working capital. Given the continued high costs and slow progress in the US inventory reduction, we expect a material cut to H2 EBITDA consensus estimates.

Länk till analysen i sin helhet: https://research.nordea.com/api/reportfileapi?id=790171