Nordea har mod betaling udarbejdet denne analyse af Netcompany:
Solid Q3, 2021 ambitions likely to be announced
Netcompany is likely to announce its ambitions for 2021 with its Q3 report.
We expect Q3 to have been a mix of the Danish operation continuing with
its impressive performance including taking the first steps to include more
(high-margin) software revenue. We expect the UK and Norway operations
to have continued to be negatively affected by COVID-19, although for
Norway, the NOK 192m landmark order will improve the situation in Q4.
We expect Holland to have continued the solid performance. We lift our
combined DCF- and peer group-based fair value range to DKK 550-645 per
share (DKK 450-525) following more optimistic medium- and long-term
estimates and higher peer group multiples.
Generalt om Commissioned Research: Bemærk, at man bør se bort fra eventuelle kursestimater i såkaldt commissioned research, og den underliggende analyse skal også tolkes med forsigtighed, da negative aspekter ikke nødvendigvis fremhæves.
