Västra Hamnen: Magle Chemoswed - Beats our estimates
Västra Hamnen Corporate Finance has released a research update on Magle Chemoswed following the company's full year report for 2020. The report showed significantly stronger figures than our estimates, and developments both within the CDMO business and the proprietary project pipeline look promising, writes Västra Hamnen.· Adjusted for lumpy royalties, the company shows strong growth · New development customers and promising pipeline · We keep our valuation interval SEK 42.70 – 57.30 per share Magle Chemoswed ended 2020 on a strong note, comfortably beating our Q4 financial