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Lime Q1: 2-3% beat on net sales and Adj EBITA - SEB

Lime delivered another sequential improvement ahead of our expectations, beating our estimates by 2% and 3% on topline and adj EBITA, respectively. The deviator seems to mainly be the rest of Europe, while Expert Services in Sweden was marginally lower than we had pencilled in. All in all, our first impression is positive.

Lime delivered another sequential improvement ahead of our expectations, beating our estimates by 2% and 3% on topline and adj EBITA, respectively. The deviator seems to mainly be the rest of Europe, while Expert Services in Sweden was marginally lower than we had pencilled in. All in all, our first impression is positive.
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