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

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This is a press release from Redeye - Research Powered Investment Banking. https://www.redeye.se/about/