Formpipe: Well positioned for further margin improvements
Research Update
2018-02-20
07:30
Formpipe finished the year strongly, and the SaaS sales continue to take place at an accelerating rate. This means that the underlying profitability is better than what it looks like at the first impression. We reiterate our DCF-valuation that indicates a fair value range of SEK 9-20 with a Base case of SEK 15 per share.
JS
Johan Svantesson
Disclosures and disclaimers