Q3 on 22 Oct @ 07:00 CET, CC @ 09:00 CET
We look for Embla to report a Q3 with USD 210m in sales (-1% vs company-collected consensus) on 7% organic growth (cons. 7%). We assume a 64.1% gross margin (+60bp vs cons.), filtering through to EBITDA pre-items of USD 44.4m (+1% vs cons.). We are 8% ahead on EPS at USD 19.7 cents (18.2c cons.).