Musti: We are not letting the dogs loose with current valuation

By Olli Vilppo
Musti's net sales and market share continued to grow strongly in Q4, but similar to last quarter, earnings growth was more sluggish. We hardly made any adjustments to our forecasts. We estimate that the expected strong earnings growth will be largely lost in digesting the high multiples and that the low return expectation of the share over the next few years won’t exceed our return requirement
Login required
This content is only available for logged in users