Redeye retains its positive view of Addnode. Most of the weakness in DM (the other Divisions were solid) is caused by temporary effects, whi...
Although we will likely lower our SEK117 base case, we view the 25% share price drop to SEK31.
Redeye expects a stable Q2 2026 report from Addnode, with a clearly negative headline in Design Management following last year’s pre-purchas...
Redeye retains its positive view of Addnode despite a relativley soft Q1 report.
Redeye comments on Addnode’s Q1 2026 report, which fell somewhat short of expectations at both the top line and EBITA level.
Redeye expects a broadly stable Q1 2026 report from Addnode, with acquisition-driven growth across DM and PM, though FX headwinds will have ...
Redeye retains its positive view of Addnode following a solid Q4 report.
Redeye comments on Addnode’s Q4 report, showing a solid EBITA beating our expectations by 4%.
Redeye retains its positive view of Addnode in this Q4 Preview.
Redeye comments on Addnode’s Q3 report showing solid margins in PLM and PM.
Redeye takes a positive stance towards Addnode’s acquisition of SolidCAD.
Redeye leaves Addnode’s CMD with a positive impression, as the company’s ambition for growth and margins were somewhat higher than we antici...
Redeye keeps its Base Case unchanged and makes minor estimate revisions following a Q2 report roughly matching our expectations.
Redeye sees a stable Q2 report from Addnode, with the relatively solid performance in PLM being the highlight.
Redeye changes its Base Case and forecasts following a mixed Q1 report from Addnode.
Redeye comments on Addnode’s Q1 report, showing a mixed picture.
Redeye expects a stable Q1 report from Addnode, with mixed signals in different markets.
Redeye changes its Base Case and forecasts following a strong end to a solid 2024 from Addnode.
Redeye provides an initial comment on Addnode’s Q4 report, showing solid numbers in all three Divisions.
Redeye expects a stable Q4 report from Addnode, sharing a lot of similarities with Q3.
Redeye retains its Base Case following a solid Q3 report, slightly beating our forecasts on EBITA.
Redeye will likely increase its forecasts and Base Case following a solid Q3 report from Addnode.
Redeye expects a stable Q3 report from Addnode with limited growth yet solid margins.
Redeye lowered its Base Case and forecasts somewhat following a Q2 report on the somewhat soft side, following lower margins than expected i...
Redeye sees a Q2 report coming in below our expectations on margins and EBITA, as all three Divisions had lower margins than expected.
Redeye expects a Q2 report from Addnode with limited organic growth yet solid margins.
Redeye raises its Base Case and forecasts somewhat following a solid Q1 report, beating our expectations, with Design Management and TeamD3 ...
Redeye will likely increase its forecasts and Base Case following a strong Q1 report driven by a significant rebound in Design Management.
Redeye slightly increases its forecasts for Q1, 2024, and 2025 – mostly due to an expected improvement in Design Management.
Redeye takes a neutral view on Addnode following a solid Q4 report.
Redeye will likely increase its Base Case and forecasts slightly following a Q4 report coming in somewhat better than expected on the group ...
Redeye leaves its forecasts for Q4 and 2024 roughly unchanged and comments on the change in Autodesk’s transaction model.
Redeye retains its positive view of Addnode following the Q3 report, with an EBITA coming in somewhat below our forecasts.
Redeye sees an overall stable Q3 from Addnode. While DM was soft, softer than expected, we are encouraged by the rebound in PLM, and PM cont...
Addnode will release its Q3 2023 report on 27 October at 08:30 CEST and host a conference call at 09:30.
Redeye retains its positive view of Addnode following the Q2 report, confirming what we expected given the profit warning.
Redeye sees a Q2 report in line with what we expected following the preliminary figures.
Redeye believes the sharp share price decline constitutes an attractive opportunity for the long-term investor despite lowering its Base Cas...
Redeye takes a positive stance towards Addnode’s acquisition of Team D3.
Redeye raises its Base Case and forecasts somewhat in Addnode following a solid Q1 report, with Design Management, once again, being the hig...
Redeye states that Addnode had another solid quarter where sales and EBITA beat our forecasts.
Redeye leaves its EBITA forecast and Base Case unchanged.
Redeye sees a solid Q4 report from Addnode with strong organic and acquired growth.
Redeye raises its forecasts and Base Case following the strong Q3 report.
Redeye takes a more positive stance towards Addnode following an excellent Q3 report, driven by strong performance in PLM and particularly D...
Redeye raises its forecasts and Base Case for Addnode following a solid Q2 beating our estimates, mostly due to strong performance in Design...
Redeye states that Addnode had a strong Q2 where sales and EBITA beat our forecasts with ~9%.
Redeye raises its forecasts in Addnode following a solid Q1, with solid margins in all three Divisions.
Redeye sees a very solid Q1 from Addnode, with record-high margins in all three Divisions.
Redeye takes a positive view on Addnode’s acquisitions of US Microdesk and German DESYS.
Redeye remains with a Base case below the current share price, despite raising our forecasts and Base case, following a solid Q2 report in l...
Redeye will likely increase its forecasts and Base case slightly, following a Q2 report showing a solid rebound in line with our expectation...
