ADDvise Q2’2021 Review: Improved Sales Mix Paying Off

Redeye raises its forecast and Base case following a solid Q2 report beating our forecasts. While organic growth was negative, a stronger sales mix resulted in increased underlying EBITDA y/y. We expect the sales mix improvement to continue in H2 2021, resulting in rising EBITDA.

FN

Fredrik Nilsson

Disclosures and disclaimers

Premium Plan required to unlock

Unlock companies to access

more high quality research.