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I-Tech: Q4 Review – Underlying Progress - Redeye

Redeye makes downward estimate revisions on the back of I-Tech’s Q4 figures, as sales were slightly postponed, and costs grew more than expected. The underlying customer pipeline continues to progress, most recently by signing a contract with Akzo in South Korea. Moreover, I-Tech posted news regarding its strategic direction which balances nicely between dividends/investments and potential M&A.

Redeye makes downward estimate revisions on the back of I-Tech’s Q4 figures, as sales were slightly postponed, and costs grew more than expected. The underlying customer pipeline continues to progress, most recently by signing a contract with Akzo in South Korea. Moreover, I-Tech posted news regarding its strategic direction which balances nicely between dividends/investments and potential M&A.
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