Report
Ole Martin Westgaard
EUR 95.03 For Business Accounts Only

Elektroimportøren (Hold, TP: NOK9.50) - Q3 above on improved profitability

We consider this a positive report for Elektroimportøren, including underlying figures above expectations due to improved profitability and revenue growth for Q4 so far. We expect 5% positive revisions to consensus 2024e adj. EBITDA and believe a positive share price reaction is warranted.
Underlying
Elektroimportoren

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
Ole Martin Westgaard

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