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Transtema: EBITA Better than Expected - Redeye

Redeye sees a positive Q4 report, with the significant q/q margin improvement being the highlight. While sales was somewhat below our expectations, adjusted EBITA beat our forecast by 24%. Although adverse weather will hurt Q1, we believe Transtema is heading towards gradually improving margins and growth rates. We will likely increase our forecasts slightly.

Redeye sees a positive Q4 report, with the significant q/q margin improvement being the highlight. While sales was somewhat below our expectations, adjusted EBITA beat our forecast by 24%. Although adverse weather will hurt Q1, we believe Transtema is heading towards gradually improving margins and growth rates. We will likely increase our forecasts slightly.
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