Hanza: Securing Funds for Further Growth
Research Note
2023-12-07
10:41
Redeye takes a positive stance towards Hanza’s direct share issue. The share issue was made at a level close to our Base Case, which we find solid in the current market environment. While causing a dilution of about 8.1%, the net effect on 2024 EPS is close to zero. Hanza sees vast growth opportunities from acquisitions and organic expansion, which motivates the share issue.
FN
Fredrik Nilsson
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