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Magle Chemoswed Q4: Initial take - Redeye

Redeye leaves an initial comment following the Q4 report published by Magle this morning. The company reported a higher sales figure than expected, a 25% y/y growth, bolstered by increased revenue from its DSM products. While OPEX and COGS were slightly above our expectations, this still resulted in a higher EBIT than expected. Overall, we are encouraged by the company’s Q4 report.

Redeye leaves an initial comment following the Q4 report published by Magle this morning. The company reported a higher sales figure than expected, a 25% y/y growth, bolstered by increased revenue from its DSM products. While OPEX and COGS were slightly above our expectations, this still resulted in a higher EBIT than expected. Overall, we are encouraged by the company’s Q4 report.
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