Innofactor, en Nordisk Microsoft IT-konsult

Många hade återigen höga förväntningar på Innofactor, men företaget svek förväntningarna.

Finns det långsiktiga tillväxtdrivkrafter i företaget? :slight_smile:

Det är värt att läsa denna färska analys:

Innofactor’s Q2 results fell short of expectations as the challenging market also impacted the company’s performance. New sales remain challenging, although the order book increased from the previous quarter. In particular, we lowered our earnings forecasts for the coming years due to new sales and the challenge of managing billing rates. We expect that the company will have to issue a profit warning for the current year. With our forecasts (2024e P/E 11x and EV/EBIT 9x), the stock’s valuation picture is rather neutral, although there is clear upside in the longer term. We lower Innofactor’s target price to EUR 1.20 (was 1.55) reflecting estimate revisions. We also lower our recommendation to Decrease (was Accumulate).