Hövding: A new chapter begins (Västra Hamnen)
Västra Hamnen Corporate Finance has released a research update on Hövding Sverige AB following its launch of Hövding 3. We maintain our fair value interval, but acknowledge that the risk has decreased following the successful product launch.
- Significant product improvements in Hövding 3
- Product launch executed according to schedule
- Eager response from resellers
In the past week, the new Hövding 3 was released and this marks a big milestone in the evolution of Hövding as a company. The new Hövding comes with new features that will enhance the user experience and at the same time improve safety for the user. We summarize the product improvements in the enclosed research update. It is too early to evaluate customer reactions, but the reseller response looks promising so far.
The full report is available here.
The research report is prepared as part of Market Focus, Västra Hamnen Corporate Finance's commissioned research offering.