For the last five years, F-Secure has been making significant investments in corporate security, and the fruits of the new product and service areas are beginning to be ready to be harvested in the form of accelerating growth once the COVID-19 situation stabilises. The stable performance of consumer security provides background support for continuing investments in corporate growth areas, while the company’s steady and continuous software business on the whole balances risks as COVID-19 is still increasing uncertainty in the short term. To our minds, F-Secure’s stable growth outlook has already been priced in the share, and therefore the risk-reward ratio is neutral.
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