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Hanza Q3: Solid Considering the Market Environment - Redeye

Redeye sees a solid Q3 report from Hanza, especially given the circumstances. While sales came in somewhat short, the robust EBITA margin resulted in an EBITA matching our forecasts. Considering the recent development in the sector, we believe that an adjusted EBITA roughly matching our forecast is a relief.

Redeye sees a solid Q3 report from Hanza, especially given the circumstances. While sales came in somewhat short, the robust EBITA margin resulted in an EBITA matching our forecasts. Considering the recent development in the sector, we believe that an adjusted EBITA roughly matching our forecast is a relief.
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