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
Disclosures and disclaimers