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Alcadon: Wins four-year contract with Banedenmark - SEB

Alcadon Group has won a four-year contract with Banedenmark (the governmental body responsible for maintenance and traffic control on all of the Danish railway network) to supply fibre optic components. The agreement has a total value of approximately DKK 40-45m (SEK 63-71m) over the next four years according to Banedenmark's estimates and can be extended for another 2+2 years. On unchanged estimates, our midpoint valuation is SEK 100.

Alcadon Group has won a four-year contract with Banedenmark (the governmental body responsible for maintenance and traffic control on all of the Danish railway network) to supply fibre optic components. The agreement has a total value of approximately DKK 40-45m (SEK 63-71m) over the next four years according to Banedenmark's estimates and can be extended for another 2+2 years. On unchanged estimates, our midpoint valuation is SEK 100.
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