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ENEA Q3 2024: Security growing 16% like-for-like - Redeye

Redeye comments on ENEA's Q4 2024 report, which, on a like-for-like basis, aligned with estimates. Network Security grew double digits, while the Group is growing 3% on a like-for-like basis. EBITDA margins remain over 30% and essentially align with Redeye's estimate. Redeye expects to make minor mid-term upward revisions and adjust its fair value range accordingly.

Redeye comments on ENEA's Q4 2024 report, which, on a like-for-like basis, aligned with estimates. Network Security grew double digits, while the Group is growing 3% on a like-for-like basis. EBITDA margins remain over 30% and essentially align with Redeye's estimate. Redeye expects to make minor mid-term upward revisions and adjust its fair value range accordingly.
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