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Advenica: SEK58.8m order from Swedish authority - Redeye

Advenica received an order from a Swedish authority worth SEK 58.8m, bringing the total year-to-date orders to SEK 91.4m. The increased pace of order inflows, especially for hardware products, confirms Advenica's unique position in the cybersecurity space. Redeye reiterates the valuation range of SEK 5-14, with a Base Case of SEK10.

Advenica received an order from a Swedish authority worth SEK 58.8m, bringing the total year-to-date orders to SEK 91.4m. The increased pace of order inflows, especially for hardware products, confirms Advenica's unique position in the cybersecurity space. Redeye reiterates the valuation range of SEK 5-14, with a Base Case of SEK10.
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