TagMaster Q1’20: IFRS-effect Overestimated

Research Note

2020-04-29

11:57

While TagMaster beat Redeye’s topline forecast in Q1’20, it did not reach the expectations of a positive EBIT. The IFRS-adoption contributed favorably but not to the extent that we had forecasted. Overall, we do not expect to conduct any major changes in our valuation.

EM

EP

Erika Madebrink

Eddie Palmgren

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