Addnode Q3’20: All Divisions crushed our EBITA forecasts as margins outperform
Research Note
2020-10-23
09:26
Redeye sees a strong Q3, with significantly higher margins than we expected, mainly due to temporary and permanent cost savings. Demand remains weak in several important PLM markets and, to some extent, regarding the Autodesk-related offering. We will likely increase our forecasts and Base case.
FN
Fredrik Nilsson
Disclosures and disclaimers