STRAX Q4’20: Solid as Expected
Research Note
2021-02-25
09:48
Redeye remains positive to Strax after a strong year-end report slightly beating our estimates. Most notably, profitability was again better than we expected. We continue to believe that the market underestimates STRAX's ability to create long-term value. Our base case valuation offers solid upside potential, and we argue that STRAX still is an undiscovered value case.
OV
VW
Oskar Vilhelmsson
Viktor Westman
Disclosures and disclaimers