Projektengagemang reported a solid Q1 report. Although sales lagged our estimates by 3%, EBITA came in at SEK 18.2m (vs. us at SEK 16.9m), some 7% ahead of us, with EBITA margin of 6.5% (SEB: 5.8%). All divisions posted healthy profitability with A&M posting a significant improvement compared with previous quarters. Company comments to see early signs of improvements in the market, supporting our 2021 forecasts.
LÄS MER