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PiezoMotor (Acuvi) Q1’22: First impression - Redeye

Redeye is encouraged to see continued strong growth for the group in Q1, around 24% organic proforma. Also, adjusted EBITDA is now well in positive territory. The integration of the new units has been swift and management has a clearly optimistic outlook on business opportunities and market climate. The report will probably only cause some minor adjustments to our financial forecasts.

Redeye is encouraged to see continued strong growth for the group in Q1, around 24% organic proforma. Also, adjusted EBITDA is now well in positive territory. The integration of the new units has been swift and management has a clearly optimistic outlook on business opportunities and market climate. The report will probably only cause some minor adjustments to our financial forecasts.
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