CDON Q1’21: Report was in line with our estimates
Research Note
2021-04-22
08:55
CDON’s Q1’21 showed no big surprises. The number of customer visits was down a bit y/y, while the merchant intake showed strength (+200 in Q1’21). We have altered our near-term estimates slightly, but the investment case is unchanged.
MS
Mark Siöstedt
Disclosures and disclaimers