Bildkälla: Stockfoto

Siili: Should get better from here - SEB

We think that Q1 marked the low-point of this cycle for Siili and that the organic growth rate should improve ahead, albeit not at the same pace as after the Covid slowdown. Yet, we are convinced that efficiency measures and a reduced headcount will improve utilisation rates and hence profitability going forward. Our fair equity value range comes down a bit on our reduced estimates, but we still see Siili as modestly valued currently.

We think that Q1 marked the low-point of this cycle for Siili and that the organic growth rate should improve ahead, albeit not at the same pace as after the Covid slowdown. Yet, we are convinced that efficiency measures and a reduced headcount will improve utilisation rates and hence profitability going forward. Our fair equity value range comes down a bit on our reduced estimates, but we still see Siili as modestly valued currently.
Börsvärldens nyhetsbrev
ANNONSER