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Hanza Q2 2023: Strong Margins in Main Markets - Redeye

Redeye sees a strong Q2 from Hanza, with the exceptional EBITA margin of 11.1% in Main Markets being the highlight. While group-level EBITA beat our forecast by 16%, Other Markets was somewhat soft due to investments in expansion and component shortages. We will likely increase our Base Case and forecasts.

Redeye sees a strong Q2 from Hanza, with the exceptional EBITA margin of 11.1% in Main Markets being the highlight. While group-level EBITA beat our forecast by 16%, Other Markets was somewhat soft due to investments in expansion and component shortages. We will likely increase our Base Case and forecasts.
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