Bildkälla: Stockfoto

Gofore: Hiking estimates after CMD & Q4 sales data - SEB

At its CMD, Gofore convinced us that the medium- and long-term growth opportunity remains solid. The company believes that it can deliver >15% organic growth boosted with acquisitions. We lift our earnings estimates on the CMD message, solid Q4 sales data and eMundo acquisition, with 2023 EBITA up by 7% and organic sales growth at 17%. Our fair value range rises from EUR 23-25 to EUR 25-28.

At its CMD, Gofore convinced us that the medium- and long-term growth opportunity remains solid. The company believes that it can deliver >15% organic growth boosted with acquisitions. We lift our earnings estimates on the CMD message, solid Q4 sales data and eMundo acquisition, with 2023 EBITA up by 7% and organic sales growth at 17%. Our fair value range rises from EUR 23-25 to EUR 25-28.
Börsvärldens nyhetsbrev
ANNONSER