Due to good operational performance, the share price has risen by 40% in past 12 months, wiping out the previous valuation discount to peers. Our fair value range for Scanfil is now EUR 5.1-6.2 (4.5-5.5).
Scanfil reported healthy figures, with sales and adjusted EBIT beating our estimates. The company also maintained its 2020 guidance, which was issued after the most recent divestment in June.
LÄS MER