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SENASTE
Increased own sales capacity and international representation, with the company’s partner in Turkey already delivering multiple deals, plus a number of ongoing business opportunities and development projects with intense interest from customers, mean everything looks set for a sharp boost in business activity in 2022 and 2023. This lends support to the company’s strategic goal of positive operating profit by H2 2023. That said, these investments are eating up cash, and adjusted for a renewed need for capital in 2022 our forecasts provide support for a fair value of SEK 1.2-1.6 per share on a horizon of 18−24 months.
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