Avensia: Financial Targets Imply Substantial Potential in a Stronger Market
Research Note
2024-04-03
13:35
Redeye takes a positive stance towards Avensia’s ambitious yet reasonable financial targets. The targets provide investors with management and the board’s view of Avensia’s potential in a better market. While leaving our Base Case flat, we increase our Bull Case significantly as we raise our Bull Case forecasts to align with the long-term targets.
FN
Fredrik Nilsson
Disclosures and disclaimers