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Research

Enedo: Daunting workload ahead in H2

By Joonas KorkiakoskiAnalyst
Enedo
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Yesterday, Enedo published a H1 report that fell behind our optimistic estimates. A sustainable turnaround takes a lot of work and the agenda for H2 culminates in building the operational foundation. The share price is high through many metrics and in our view, even an excellent turnaround doesn’t offer enough reward.

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