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ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath
ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath
ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath
ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath
ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath
ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath
ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath
ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath
ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath

EWork Group AB: 1 director

A director at EWork Group AB maiden bought 1,771 shares at 141.000SEK and the significance rating of the trade was 68/100. 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...

ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath
ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath
ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath
ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath

Tracking towards improved margins in H2

Q2 was likely the trough. Small estimate revisions, good prospects for a better H2. Poised for improved margins as demand returns, 11x '24e EV/EBIT.

ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath
ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath
ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath

Weathering storms adeptly

Adj. EBIT +3% y-o-y, despite a 7% sales drop y-o-y. We make small estimate revisions. +16% adj. EBIT growth in '24e, 11x EV/EBIT adj.

ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Daniel Thorsson
  • Nikola Kalanoski
  • Simon Granath
Daniel Thorsson ... (+2)
  • Daniel Thorsson
  • Simon Granath

Ework Group - Broad Q3 beat and still strong demand

3% sales beat and better GM drove 49% adj. EBIT beat We raise ’22e-‘24e adj. EBIT by 21-5% 11x ‘22e-‘23e EV/EBIT, ‘21-‘24e adj. EBIT CAGR of 13%

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