Bildkälla: Stockfoto

Strax: Strong comeback expected - Redeye

Redeye remains positive to Strax following a strong Q4 where revenues came in as expected, but operating expenses were lower than expected. For 2021, we expect a recovery for the core business from Q2 and forward. We also expect the new Health and Wellness segment to show slight y/y growth, which makes us increase our estimates on revenues while we slightly reduce our estimates on margin.

In light of the recent performance and a solid outlook, we reiterate our base case valuation of SEK 5 per share, indicating a 40% upside potential.
Börsvärldens nyhetsbrev
ANNONSER