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Aspo: Valuation leaves Telko very cheap - Evli

Third party research 04.03.2022 9:37 Aspo

The war raises questions around Telko and Leipurin, but we view the recent sell-off a bit overdone despite the risks.

Source: Finwire News.

Aspo is a conglomerate that specializes in demanding B-to-B customers. It owns and develops its businesses in Northern Europe and in selected growing markets. Aspo's wholly owned subsidiaries ESL Shipping, Leipurin, Telko and Kauko operate under their own strong brands and provide value for their customers. The objective of the trade and logistics businesses is to be the market leaders in their sectors. Aspo's value is produced by the entity formed by its businesses.