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Railcare Q4 2023: Raising its financial targets - Redeye

Redeye is encouraged to see that Railcare has raised its financial targets in conjunction with announcing the full year report. The new financial targets are rather aggressive: sales of SEK1 billion by 2027 and maintaining EBIT margins of more than 13%. To us this indicates great confidence in the company’s current business pipeline, but also a more ambitious expansion strategy for the future. Q4 numbers were basically in -line with our estimates.

Redeye is encouraged to see that Railcare has raised its financial targets in conjunction with announcing the full year report. The new financial targets are rather aggressive: sales of SEK1 billion by 2027 and maintaining EBIT margins of more than 13%. To us this indicates great confidence in the company’s current business pipeline, but also a more ambitious expansion strategy for the future. Q4 numbers were basically in -line with our estimates.
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