Bildkälla: Stockfoto

Projektengagemang: Edging back to growth again - SEB

We argue Projektengagemang (PE) offers good exposure to a turnaround in organic growth following years of restructuring and refocusing (including divestments). We reckon Q2 (due on 15 July) will mark the inflection point (closer to flat organic sales) and expect positive organic growth from Q3. Trading at an EV/EBIT of about 8x for next year, we see good scope for a revaluation ahead and reiterate our mid-point value of SEK 35 per share.

We argue Projektengagemang (PE) offers good exposure to a turnaround in organic growth following years of restructuring and refocusing (including divestments). We reckon Q2 (due on 15 July) will mark the inflection point (closer to flat organic sales) and expect positive organic growth from Q3. Trading at an EV/EBIT of about 8x for next year, we see good scope for a revaluation ahead and reiterate our mid-point value of SEK 35 per share.
Börsvärldens nyhetsbrev
ANNONSER