Cherry: ComeOn + Cherry = True!

Research Note

2016-12-12

15:12

Cherry made the announcement that they today exercised the option for the remaining shares in ComeOn. The company also presented a full-year guidance that exceeds our estimates to a relatively large degree. The combined company is expected to produce revenues of SEK 2.6-2.7bn with an EBITDA of SEK 550-600m.

KL

Kristoffer Lindström

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