Sitowise: Moving forward with good prospects

By Olli Koponen
The result for 2021 was largely in line with our expectations and the future outlook seems positive, although there are uncertainties about future economic activity. Good market demand combined with Sitowise's strong order book, efficient business model, light balance sheet, and strong cash flow gives the company good preconditions to continue its strong and profitable growth both organically and through acquisitions. Looking into 2022 we feel the valuation offers sufficient expected return relative to the risks considering the growth opportunities offered by acquisitions.
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