Evolution: Lowered Expectations but Growth Remains Strong
Research Note
2022-02-10
07:20
Redeye updates estimates and valuation on Evolution post its Q4-results where we have taken down our topline estimates for 2022-23E on the back of lower-than-expected growth in Q4. Still, with expected growth of 32% in 2022E and 28% in 2023E the outlook remains strong.
HA
DF
AH
Hjalmar Ahlberg
Douglas Forsling
Anton Hoof
Disclosures and disclaimers