Bildkälla: Stockfoto

Aspo: Profitability far above estimates - Evli

Aspo’s Q1 profitability was a clear positive surprise relative to estimates. EBIT reached a record high and both ESL and Telko topped our expectations.

Aspo restates the previous guidance and expects FY ’21 operating profit to be higher than in FY ’20 (EUR 19.3m). The guidance didn’t seem that informative in February and now even less so. In our view, however, Aspo now appears poised to reach EUR 30m in EBIT this year.

Rating; Hold, target price 9,5 EUR
Börsvärldens nyhetsbrev
ANNONSER