Elektroimportøren (Hold, TP: NOK36.00) - Unlikely to be Easee
Elektroimportøren reported weak Q1 results and painted a cautious near-term outlook as consumer spending is under pressure and the company is struggling to shift volumes to new EV chargers following the Easee ban. We reiterate our HOLD but have lowered our target price to NOK36 (41) after cutting our 2023–2025e EBITDA.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.