Aktuellt
SENASTE
Inission's Q4 report was mixed with good sales and a weaker adjusted EBIT. Due to less favourable market conditions we have become more prudent on 2021 and therefore reduce our estimates. However, we are confident that management will continue to work on improving profitability by focusing on increasing value-chain participation and relocating low margin production to its low cost factories. We are becoming more positive about the announced investment in Finnish Enedo as we believe there is a possibility of cross-selling in addition to making a profit on the investment of EUR 6.8m. In the wake of the report we adjust our DCF-based fair value range to SEK 109-129 (106-130).
LÄS MER
