Redeye provides an initial comment on Nyorda's (formerly Tradedoubler) Q2 2026 report. Net sales came in slightly below our estimate but were flat year-on-year and unchanged in currency-adjusted terms, in line with management's guidance on a tough first-half comparison base. Both segments missed on net sales, but a much lower cost base and higher gross margin than expected drove a beat on adjusted EBITDA and EBIT. We view this as a solid report with only minor estimate revisions likely and limited impact on our Fair Value.
LÄS MER
