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Beijer Electronics: Do Not Miss the Forest for the Trees - Redeye

Beijer Group posted a record order intake in Q2’21 of more than half a billion SEK. The demand recovery was broad, both geographically and business entity-wise, but the sales conversion was being hampered by a global shortage of certain key components. Still, Redeye argues that Beijer Group is on the right track and that the second half of 2021 should show solid revenue growth and strengthening margins, many thanks to the strong order book.

Beijer Group posted a record order intake in Q2’21 of more than half a billion SEK. The demand recovery was broad, both geographically and business entity-wise, but the sales conversion was being hampered by a global shortage of certain key components. Still, Redeye argues that Beijer Group is on the right track and that the second half of 2021 should show solid revenue growth and strengthening margins, many thanks to the strong order book.
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