Sdiptech: EV-charging in, half PTS out
Research Note
2021-02-22
09:36
Redeye likes Sdiptech's recent deals, divesting the non-core Tello and Swedish elevator businesses and adding a high margin charging-system provider. Besides adding a positive net EBITA*, the deals were done at attractive multiples and improve Sdiptech's sales mix. We raise our Base case.
FN
Fredrik Nilsson
Disclosures and disclaimers