Beijer Electronics Group Q4: Several positive signs

Research Note

2021-01-28

16:50

Redeye notes that while the current sales and earnings numbers are still quite weak in Q4'20, several positive signs are worth highlighting in the report. Among them: the order intake, the sequential growth (compared to Q3'20), and Westermo's five-year supply agreement with Alstom. We believe that Beijer Group is well-positioned to show a clear recovery in 2021, even though the ongoing pandemic makes for an uncertain first half of the year.

MS

Mark Siöstedt

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