Lifco Q4 2023: Preserving profitability in a downturn
Research Update
2024-02-05
07:00
Redeye updates its estimates and valuation following Lifco’s Q4 2023 report. We positively view the company preserving its margins in a challenging economic environment. Organic net sales growth of c-5% for the quarter represented a sequential deterioration that we failed to anticipate. While organic growth may remain in negative territory during coming quarters, our view of Lifco’s long-term investment case remains unchanged
CB
NS
Christian Binder
Niklas Sävås
Disclosures and disclaimers