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Transtema Q4’21: Initial Take - Redeye

Redeye retains its positive view on Transtema following the Q4 report despite a somewhat softer adjusted EBITA than we expected. However, 2021 has clearly shown Transtema’s transition is complete, and several interesting growth initiatives are in place. We will likely leave our forecasts and Base Case largely unchanged.

Redeye retains its positive view on Transtema following the Q4 report despite a somewhat softer adjusted EBITA than we expected. However, 2021 has clearly shown Transtema’s transition is complete, and several interesting growth initiatives are in place. We will likely leave our forecasts and Base Case largely unchanged.
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