Addnode Q4’2020: Significant rebound in PLM

Research Note

2021-02-03

09:00

Redeye will likely increase its forecast and Base case in Addnode following an overall solid Q4 report. While Design came in on the weak side, both PLM and Process had very high EBITA margins. We believe that the significant rebound in PLM was the highlight of the Q4 report, and we will increase our margin assumptions for the Division.

FN

Fredrik Nilsson

Sign up for free to continue

Already a member?

Sign in

Disclosures and disclaimers

Premium Plan required to unlock

Unlock companies to access

more high quality research.