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Infracom: Acquiring Connect and Datatal - Redeye

Redeye provides a research update following Infracom’s recent acquisitions of Connect and Datatal. We state the first-mentioned acquisition as transformative, as it increases the sales substantially based on pro forma figures while it will dilute the group’s overall margins. Consequently, we make forecast adjustments that affect our valuation.

Redeye provides a research update following Infracom’s recent acquisitions of Connect and Datatal. We state the first-mentioned acquisition as transformative, as it increases the sales substantially based on pro forma figures while it will dilute the group’s overall margins. Consequently, we make forecast adjustments that affect our valuation.
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