Thunderful Group: Q3 2022 Preview

Research Update

2022-10-31

08:41

Redeye provides an update on Thunderful ahead of its Q3 2022 report due on the 15th of November. We expect Distribution to still be plagued by heightened inventory levels and logistic costs. But the silver lining is that the worst is behind us and that we see a sequential improvement from here on out. We believe the Games segment alone could justify roughly SEK 40 per share.

DZ

VL

Danesh Zare

Viktor Lindström

Disclosures and disclaimers

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