Redeye: Formpipe - Stable quarter driven by strong business model

Formpipe’s report was in line with our estimates. Forward-looking, we argue the company to be well-positioned for further margin improvements when the trend in SaaS deals stabilize. This will, most likely, be prominent at the end of 2019. We reiterate our Base case of SEK 17 per share.

Read more in the Research Update by Johan Svantesson: 

Start following Formpipe at Redeye to instantly receive our latest equity research.

This is a press release from Redeye - Research Powered Investment Banking.