reports
- Karl-Johan Bonnevier
Netel Group Holding - Initiation of coverage - Ready for the next leve...
Netel’s strong organic growth outlook is complemented by a promising opportunity to accelerate an industrial roll-up. In our view its asset-light business model supports high cash conversion of profit and drives FCF generation. We initiate coverage with a BUY and SEK67 target price.
- Karl-Johan Bonnevier
Netel Group Holding - Initiation of coverage - Ready for the next leve...
Netel’s strong organic growth outlook is complemented by a promising opportunity to accelerate an industrial roll-up. In our view its asset-light business model supports high cash conversion of profit and drives FCF generation. We initiate coverage with a BUY and SEK67 target price.
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