Redeye: Aspire Global - B2B boom

Aspire Global´s top-line came in well above of our estimates, as revenue reached close to EUR 33m in Q4 18. The key growth driver is a surge in customer intake, particularly in B2B with a growth of 100%. We believe that the market has underestimated the effects of Aspire Global´s improvement program. It is clear that these improvements have paved the way for the strong underlying growth trend, easily surpassing market growth rates. As a consequence, we have updated our estimates, which results in a new fair value of SEK 66 per share in Base case.

Read more and download the research update: http://bit.ly/2EhftGc

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