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Projektengagemang: Q2, Another robust quarter - SEB

Projektengagemang reported another robust quarter; although sales continued to decline given lower workforce, sales came roughly in line with estimates. EBITA however exceeded our expectations (+26% vs SEB) by a wide margin with all divisions contributing together with continued strict cost control. Mechanical revisions based on the beat point to around +5% revisions on 2021 EBITA. Conf. call starts at 9.00 CET.

Projektengagemang reported another robust quarter; although sales continued to decline given lower workforce, sales came roughly in line with estimates. EBITA however exceeded our expectations (+26% vs SEB) by a wide margin with all divisions contributing together with continued strict cost control. Mechanical revisions based on the beat point to around +5% revisions on 2021 EBITA. Conf. call starts at 9.00 CET.
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