I Finland har intresset för detta bolag ökat markant, så jag rekommenderar att läsa denna högkvalitativa analys av företaget.
Relais’ broad-based organic growth in Q4 exceeded our expectations. Compared to last year’s exceptionally cold winter, the mild weather in 2025 will make it difficult to achieve growth in the first part of the year, but overall we expect the company to continue its good operational performance in the future. We believe Relais has a strong track record of disciplined execution of its acquisition-driven strategy, which positions the company well to continue to create shareholder value through moderately valued acquisitions. We believe that the low valuation of the stock now provides a good buying opportunity. Therefore, we reiterate our EUR 16.5 target price and raise our recommendation to Buy (was Accumulate).