Nepa: Q4 Preview
Research Note
2023-03-15
10:31
Redeye adjusts its estimates ahead of Friday's Q4 report. The main change is a downward adjustment in ad-hoc revenues as we expect marketing departments to have been hesitant due to the uncertain macro-economic environment. As a consequence, estimated EBIT is also lowered. Redeye reiterates its valuation range.
JVK
FR
Jesper Von Koch
Fredrik Reuterhäll
Disclosures and disclaimers