Formpipe Q1’20: Deliveries and Cost Control Driving EBIT
Research Note
2020-04-28
10:11
Redeye remains neutral to Formpipe following a solid Q1 showing a significant EBIT gain – thanks to stable Deliveries and solid cost control. Our first look suggests a slight increase in the 2020 EBIT forecast. We might increase our Base case somewhat.
FN
Fredrik Nilsson
Disclosures and disclaimers