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2020-02-24

Alelion Energy Systems AB: Redeye: Alelion Energy Systems - Turn-around Awaits

Redeye lowers its base case in Alelion following a 1 p.p. discount
rate increase, reflecting higher risk for investors amidst
deteriorating financials. The company shortly needs to secure
funding, highlighting the value of its strong major owners. On the
business side, we view the progress in Special Vehicles essential.
However, with long lead times in a nascent market, we do not expect a
swift turn-around and caution that higher expectations may be priced
into the stock at current levels.

Read more and download the research update: http://bit.ly/32n3FOf

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/

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https://news.cision.com/se/alelion-energy-systems-ab/r/redeye--alelion-e...

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