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Press release

Redeye: Avensia - Positive Trend in Utilization Rates

Avensia

Redeye retains its positive view of Avensia despite a soft Q2, with sales and EBIT below our expectations. Although Q2 was hurt by low utilization, Avensia experienced a gradual improvement during the quarter thanks to personnel reductions and a stabilized market. While we somewhat cut our forecast and Base Case, we still expect significant margin improvements mid-term, and we believe the case is intact.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

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Avensia - Positive Trend in Utilization Rates

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