Nordea julkaisi päivitetyn Kalmar-analyysinsä. Suositus pysyy OSTA-tasolla, tavoitehinta tarkentuu 29,00 euroon (edellinen: 30,00 €).
Main risks: Although by no means an exhaustive list, we highlight global trade and economic cycles, increased competition, customer financing, cost fluctuations, and disruptions to supply chains and distribution networks as key risks for Kalmar. We also note that the bases for our forecasts are both carve-out and proforma figures, which are not the same for Kalmar on a standalone basis (and which reflect dissynergies); consequently, our earnings estimates and fair value ranges could be subject to change.
