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SENASTE
In the year ahead, we believe Alcadon Group should capitalize significantly from a pick-up in deliveries in frame agreements, mainly with Deutsche Glasfaser. Ahead of the Q4 results (due on 21 February) we have raised our acquired sales contribution assumptions (from NWC). We are looking for Q4 sales of SEK 386m (+89% y/y, of which 12% organic growth) and EBIT of SEK 24m (6.3% margin, -1.1pp y/y). We reiterate our mid-point of SEK 130.
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