Bildkälla: Stockfoto

DistIT: Weaker sentiment risks muting retail outlook - SEB

Following DistIT Group’s Q1 results that exceeded our sales forecasts, while EBIT came in largely as expected (indicating margin pressure from cost inflation), we leave our estimates rather unchanged. We reiterate our SEK 145 mid-point equity value. We argue recently implemented and pending price/mix changes should support margins. Macro-related factors weighing on consumer sentiment pose an increased risk to our forecasts in 2022.

Following DistIT Group’s Q1 results that exceeded our sales forecasts, while EBIT came in largely as expected (indicating margin pressure from cost inflation), we leave our estimates rather unchanged. We reiterate our SEK 145 mid-point equity value. We argue recently implemented and pending price/mix changes should support margins. Macro-related factors weighing on consumer sentiment pose an increased risk to our forecasts in 2022.
Börsvärldens nyhetsbrev
ANNONSER