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
Disclosures and disclaimers