Clavister: Q1’20 Preview
Research Note
2020-05-05
07:20
Redeye leaves forecasts mostly unchanged ahead of Clavisters Q1-report tomorrow. We believe that Clavister has not yet experienced any impact in its ability to close deals due to the Corona crisis, on the contrary, in the short-term (i.e. Q1) we expect a slightly higher demand for its solutions as a consequence of employees working remotely. Any impact on the supply-chain should have been short-lived and without effect on Clavisters business, as the situation in China and Asia is gradually improving. Our base case at SEK 18.0 per share is left unchanged.
HH
Havan Hanna
Disclosures and disclaimers