Arctic Securities Research Report: Bawat - Set for strong growth in 2024
Arctic Securities Equity presents their latest Research Report, "Bawat - Set for strong growth in 2024”. Here short summary from Arctic Securities Equity: Set for strong growth in 2024 Bawat’s Q4 order intake came in slightly above our expectations, leading to a FY-23 order intake of SEK 42m and in line with the guided range. In this update, we have made some adjustments to align with the changes in the JV structure with Damen for the sale of Mobile Solutions. Driven by the strong backlog and continued order intake growth, we estimate 2024 revenue of SEK 53m and EBITDA of SEK -12m,