PiezoMotor (Acuvi): Steaming Ahead

Research Update

2022-04-25

07:11

Redeye notes that PiezoMotor continues to show impressive growth in the first quarter, proforma 24% organically Y/Y. Also, adjusted EBITDA margins of 12% and positive cash flow validates healthy profitability for the new group, Acuvi. We have made some rather small adjustments to our forecasts. With a Base case fair value around SEK 88 per share, we still see significant potential.

HA

Henrik Alveskog

Disclosures and disclaimers

Premium Plan required to unlock

Unlock companies to access

more high quality research.