Bli medlem
Bli medlem

Du är här

2020-02-13

Addnode Group: Redeye: Addnode Group - Germany weakens PLM, rebound in Process Management

We lower our 2020 EBITA forecast by ~3% on the group level, mainly as
we reduce our estimate for PLM, as the weakness in Germany seems to
hit harder than before. However, we expect approximately zero organic
growth in 2020, which is much better than the -10% seen in this
quarter. Process Management beat our forecast with 7% regarding
EBITA, and we believe the outlook for both the market and Addnode's
internal efficiency is positive for 2020. We keep our Base case at
SEK 180.

Read more and download the research update: http://bit.ly/2Hi2aHn

Start following companies at Redeye to receive the latest equity
research within Life Science and Technology.

This is a press release from Redeye - Research Powered Investment
Banking. https://www.redeye.se/about/

-----------------------------------------------------------
https://news.cision.com/se/addnode-group/r/redeye-addnode-group--germany...

Författare Cision News

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.