Västra Hamnen: Hövding - Showing resilience
Västra Hamnen Corporate Finance has released a research update on Hövding. Last month, Hövding released its financials for the second quarter, and it contained several promising highlights. We believe the long-term outlook has improved and therefore raise our valuation interval to SEK 18.40 – 26.30 per share, writes Västra Hamnen.· Swedish sales growth makes us revise up our long-term sales forecast · Completed rights issue of SEK 61 million · We raise our valuation interval to SEK 18.40 – 26.30 per share Hövding recently raised around SEK 61 million through a fully guaranteed