Evolution Q3 2022 initial take: Strong Q3 and reiterated guidance

Research Note

2022-10-27

08:23

Redeye comments on Evolution’s Q3-results which came in above our expectations due to stronger sales than expected while profitability was in line with expectations. The company reiterates its EBITDA-margin guidance of 69-71% for FY 2022e despite cost pressure due to inflation.

HA

AH

DF

Hjalmar Ahlberg

Anton Hoof

Douglas Forsling

Sign up for free to continue

Already a member?

Sign in

Disclosures and disclaimers

Premium Plan required to unlock

Unlock companies to access

more high quality research.