Westpay Q3’19: The underlying trend remains positive

Research Note

2019-10-25

10:43

The report came in slightly below our estimate, as we expected a little faster ramp-up of sales of systems. However, the main takeaway, according to us, is that this was the fifth report where the company shows a quarter on quarter growth, so the positive trend continues. Now with the new capital infusing through the successful rights issue during the quarter, the company can focus on growth opportunities.

KL

EP

Kristoffer Lindström

Eddie Palmgren

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