Q4 margin misses but earnings trajectory intact

Solid Q4 overall despite earnings miss

Q4 to reinforce earnings momentum

Takeaways from meeting with new CFO

Overreaction on Spotify news creates opportunity

Resilient growth, rising margins, re-rate ahead

Q3: impressive profitability, raised guidance

Refinancing lifts earnings and dividends

Refinancing to lift EPS 11-12%

Zalaris ASA: 1 director

A director at Zalaris ASA sold 535,728 shares at 72.509NOK and the significance rating of the trade was 93/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...

Low valuation and a near-term trigger

Small EBIT beat, exploring bond refinancing

On track for scalable growth

Q2: Solid report

Q2e: near-term ARPU drag, earnings on track

New targets fulfilling our wish list

Solid again

EBIT 4% above - '28 EBIT target of NOK 280m

Storytel (Hold, TP: SEK83.00) - Struggled to live up to expectations

Investors had grown accustomed to strong results after five consecutive quarterly ‘high quality’ beats. However, its Q1 results did not meet MF consensus, which dents the short-term momentum of the story, in our view. We believe Storytel could reverse the negative sentiment at its 15 May CMD, but remain on the sidelines to see if the high bar from consensus is revised. The valuation remains undemanding, in our opinion, as we forecast adj. EBIT growth of 25% YOY in 2025. We reiterate our HOLD, an...

Attractive entry point amid strong growth path