Railcare Q4 2023: Raising its financial targets

Research Note

2024-02-15

09:10

Redeye is encouraged to see that Railcare has raised its financial targets in conjunction with announcing the full year report. The new financial targets are rather aggressive: sales of SEK1 billion by 2027 and maintaining EBIT margins of more than 13%. To us this indicates great confidence in the company’s current business pipeline, but also a more ambitious expansion strategy for the future. Q4 numbers were basically in -line with our estimates.

HA

FN

Henrik Alveskog

Fredrik Nilsson

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