Aktuellt
SENASTE
In connection with weaker-than-expected Q3 results (largely owing to production costs), Balco warned current macro factors are likely to impact “orders, sales and earnings negatively over the coming quarters”. In all, including its announced SEK 20m savings programme and its recent M&A, we lower our adjusted EBIT estimates by 11-12% in 2023-24. We reckon Balco now trades at an EV/EBIT of 10x in 2023E. Our new mid-point is SEK 90.
LÄS MER
