Redeye: Cimco Marine - Time to rev up sales
Redeye updates its coverage of Cimco Marine, a high-risk turnaround case. Its innovative diesel outboards, which break new ground by combining belt propulsion with automotive engines, offer superior performance, environmental impact and safety while benefiting from a growing shift towards high-power, diesel outboards. We update our coverage with a cautious stance to the stock at this point, arguing that the market has overlooked the company’s once again revised targets and slower than expected sales ramp-up. Read more and download the research update: http://bit.ly/37cpqlr Start