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QleanAir: Q4 Review, Margin Recovery in Sight - Redeye

Redeye lowers its near-term profitability outlook for QleanAir following its profit warning. Our reduced expectations and higher WACC leads to a lowered valuation. Still, we argue that margin recovery is in sight, posing an attractive risk/reward in the case.

Redeye lowers its near-term profitability outlook for QleanAir following its profit warning. Our reduced expectations and higher WACC leads to a lowered valuation. Still, we argue that margin recovery is in sight, posing an attractive risk/reward in the case.
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