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Press release

Redeye: Binero IT - On the right path

Binero Group

H1 2024 net Sales reached SEK204m, a 319% increase year-on-year, following the reverse acquisition of Infrateq and the acquisition of Xpeedio Support Solutions AB. Due to extraordinary costs associated with the acquisitions, some one-off items impacted profitability in H1 2024. We are adjusting our Base Case from SEK3.4 to SEK3.3. The new valuation range is SEK2.1 - 5.50 (previously SEK2.6 - 5.7).

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

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Binero IT - On the right path

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