Q4 numbers were satisfactory compared to our estimates, and FY 2024 EBITDA guidance was in line with our pre-Q4 estimate. EBITDA will improve in 2024E-26E y/y due to ERP implementation being completed in 2024 and increasing volumes in the offshore and EV charging businesses. We expect wind power income to remain relatively stable in 2024-26. We adjust our fair value range to EUR 8-10 (9-11).
LÄS MER
