Evolution Q2 2024: Softer than expected
Research Note
2024-07-19
08:26
Redeye comments on Evolution’s Q2-result which was softer than expected. Both topline and profitability was slightly below our forecast, while the company reiterates its margin guidance for the full year. The company has also carried out a small complementary acquisition while it furthermore adopts a capital allocation framework that implies continued potential for share buybacks.
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Hjalmar Ahlberg
Anton Hoof
Disclosures and disclaimers