Arctic Paper - Still cold, but the ice is cracking
Q1e Paper EBIT of ~PLN -15mMarkets remain challenging, but pulp winds are turningFair value range of SEK 15-50Q1 Paper EBIT of ~PLN -15mWe expect Q1 P...
Q1e Paper EBIT of ~PLN -15mMarkets remain challenging, but pulp winds are turningFair value range of SEK 15-50Q1 Paper EBIT of ~PLN -15mWe expect Q1 P...
Gross margins above its target of 80%Order book at a record and foundation getting strongerTrading at EV/EBITDA of 18-10x '26e-'27e, ~20% below peersO...
Volumes likely soft in Q1Management changes to weigh on earningsEV/EBIT of 10-9x on '26e-'27e, ~60% below its CPaaS peersLikely at the bottom of the c...
EBITA margins in line with expectationsCost focus likely to drive margin uplift in H2Trading at 9-6x EV/EBITA on '26e-'27e, 20% below peersRight steps...
Q1e: 3% revenue decline y-o-y'26e EBITDA toward bottom end of guidance rangeTrading ~50% below peers at 3.5x '26e EV/EBITDAChallenging sports outcomes...
Sales up 37% y-o-y as adj. EBITA more than doubledContinued order momentum drives estimate upgradesEnedo recovering, M&A and Tunis factory to add ...
Memory prices boost system sales in Q2-Q3eCost initiatives paying off simultaneously, adj. EBITA +8-22%Share now trading at 6.8x 2026e EV/EBITAMarket ...