Suominen: Q4 comparable EBITDA fell short of expectations – expects improving EBITDA in 2024 - Nordea

Suominen’s result were largely in line with Q3 and fell short of Vara Research consensus expectations. Management continues to see positive signals in its business environment, despite the weak global economy. Dividend proposal stands at EUR 0.10, slightly above consensus at EUR 0.08. We anticipate consensus to revise down 2024 estimates to the tune of 10%, while we note solid cash flow and slightly higher-than-anticipated DPS proposal.

Länk till analysen i sin helhet: https://research.nordea.com/api/reportfileapi?id=907350