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Addvise Lab Solutions: Q2’2021 Review: Improved Sales Mix Paying Off - Redeye

Redeye raises its forecast and Base case following a solid Q2 report beating our forecasts. While organic growth was negative, a stronger sales mix resulted in increased underlying EBITDA y/y. We expect the sales mix improvement to continue in H2 2021, resulting in rising EBITDA.

Redeye raises its forecast and Base case following a solid Q2 report beating our forecasts. While organic growth was negative, a stronger sales mix resulted in increased underlying EBITDA y/y. We expect the sales mix improvement to continue in H2 2021, resulting in rising EBITDA.
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