EG7 Q1 2023 initial take: Beating our forecasts again

Research Note

2023-05-16

07:54

Redeye comments on EG7’s Q1-results which was stronger than expected with revenue coming in 8% above our forecast and EBITDA 22% better than estimated. The company updates its outlook for the full year where the topline forecast is stronger than expected while EBITDA is somewhat lower than our forecast.

Hjalmar Ahlberg

Tomas Otterbeck

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