Redeye: Magle Chemoswed Q3 - Record high sales bolstered by merger
Redeye provides a research update following the Q3 report recently published by Magle. Following the merger and acquisitions of pK Chemicals and Amniotics, we believe that Magle is poised to generate long-term shareholder value. Furthermore, the company reported record high sales figures at SEK64.6, a 78% y/y growth, with an impressive 32% EBITDA margin. We reiterate our fair value range (SEK30 – SEK70) with a base case valuation of SEK50.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/