Inderes’ H1 demonstrated the underlying strength of the Finnish market, with solid growth as market headwind ends.
Inderes delivered solid growth of 14% in Q2, topping our estimate thanks to continued software and events momentum in June.
Ahead of Inderes’s Q2 report, we have slightly hiked estimates on back of the better-than-expected April-May sales data.
Inderes delivered 7% sales growth in April, slightly ahead of our 5% estimate.
With reported numbers well in line with our estimates, Inderes’ Q1 leaves us cautiously positive.
Inderes delivered Q1 numbers almost perfectly in line with our estimates.
Ahead of Inderes’ Q1 report, we keep our estimates broadly unchanged despite Jan-Feb sales data coming in slightly below our estimates.
Inderes just came out with its sales data for January and February.
Inderes’s Q4 report was well in line with our forecast and we highlight the improved activity in the Swedish market.
Inderes's Q4 profitability was slightly ahead of our estimate, owing to slightly better than expected sales.
Inderes’ Oct-Nov sales show that we underestimated the bounce-back of the timing issue, which caused weak September sales.
Inderes delivered solid monthly sales in November with sales increasing by 15% y/y.
