Västra Hamnen: Hövding - New sales record in Q4
Västra Hamnen Corporate Finance has published a research update on Hövding following its full year report. The company recorded a new all-time sales record in Q4 but the net loss was wider than our expectation. We still believe that profit is just a few quarters away and we reiterate our fair value interval of SEK 21.10 - 30.50 SEK per share, writes Västra Hamnen.· Sustains strong growth trend but misses our earnings estimate · Profit is probably few quarters away · We maintain our fair value interval of SEK 21.10 – 30.50 per share Hövding’s full year report for 2020 once again