Inderes Group - April sales increase by 49%, broadly in line with our estimate - SEB
Inderes's April sales increased by 49% y/y. Although the growth looks to be well in line with our growth projection for Q2/23, our conclusion is that Inderes needs to perform successfully in its June sales event to meet our Q2 sales estimate. This is due to the higher seasonality (listed companies reporting season) of the acquired Swedish operations and AGM season, which ends in May.
Inderes
Inderes operates in the financial industry. The company provides a community platform for investors and listed companies. Via the platform, users can communicate with each other and exchange investment tips. The customers consist of both companies and private individuals. In addition, the company offers analysis services and a basis for investment decisions. The largest operations are in the Nordic region.
Read more on company page