Report
Stefan Gauffin
EUR 445.86 For Business Accounts Only

Millicom (Buy, TP: SEK470.00) - Trading statement derisks Q3

Millicom is due to report its Q3 results at 12:00 CET on 30 October. It has already issued a trading statement saying the improved trend in June continued in Q3. We are c2.5% above consensus on Latin America EBITDA. We reiterate our BUY and SEK470 target price.
Underlying
Millicom International Cellular S.A.

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
Stefan Gauffin

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