Fortnox: Standing Strong
Research Update
2020-04-29
07:20
Redeye takes a neutral stance to Fortnox following strong Q1 figures – net customer intake crushing our forecast. While we still see an impact from the Corona crisis in the next quarters, Q1 indicates that we previously overestimated the effect. We raise our forecasts and Base case.
FN
KL
Fredrik Nilsson
Kristoffer Lindström
Disclosures and disclaimers