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Doro: Q3’21 First Impression - Redeye

Redeye thinks Doro's Q3 was mixed. Sales surprised on the downside driven by weak organic growth in Doro Care and also lower sales than expected within Doro Phones. Despite this, Doro continues to show strong margins. We reiterate our current view and valuation.

Redeye thinks Doro's Q3 was mixed. Sales surprised on the downside driven by weak organic growth in Doro Care and also lower sales than expected within Doro Phones. Despite this, Doro continues to show strong margins. We reiterate our current view and valuation.
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