Report
Emilie Krutnes Engen
EUR 438.97 For Business Accounts Only

Carasent (Buy, TP: NOK27.00) - Still on track for a solid 2025e

Carasent continued to report solid organic growth, despite a slight slowdown in Q4 from some customer bankruptcies towards year-end. Nevertheless, the 2024 results show that its strategic initiatives are starting to materialise, and we believe the company is well positioned to achieve accelerated growth and earnings momentum in 2025e. Thus, we reiterate our BUY and have updated our target price to SEK27 (NOK27) based on the relisting.
Underlying
Carasent

Apptix is a provider of hosted business communication, collaboration, and infrastructure solutions to businesses of all sizes. Co.'s portfolio of Cloud solutions includes Microsoft® Exchange, SharePoint®, and Lync®, as well as hosted VoIP, encryption, archiving, and mobile device management. Co.'s hosted services are delivered across a network infrastructure and built upon hardware and software housed in Tier IV, SSAE 16 SOC 1 Type II certified, geographically dispersed interconnected data centers.

Provider
DnB Markets
DnB Markets

DNB Markets is the investment banking arm of DNB Bank ASA and is focused primarily on the Nordic region, as well as internationally on niches such as global shipping, energy and related services, and seafood. DNB Markets offers services in FICC, Equities and Investment Banking advisory from offices in Oslo, Stockholm, London, Singapore and New York. Equity research coverage is offered on c250 Nordic companies. DNB was ranked no.2 in Extel Nordic Research 2017. The DNB Markets’ Credit and FICC Macro & FX Research teams are repeatedly highly rated by Prospera Nordic Institutional Investor Surveys.

 

Analysts
Emilie Krutnes Engen

Other Reports on these Companies
Other Reports from DnB Markets

ResearchPool Subscriptions

Get the most out of your insights

Get in touch