Cheffelo: Comment on Q3 trading update - Redeye

Redeye provides a comment on the Q3 trading update from Cheffelo, released this morning. In short, it was distinctly stronger than we had foreseen, with sales up 23.3% against our estimate of 11.5%. As previously communicated, we await the CMD on October 22 before formalising our valuation changes. We had previously flagged a 15%-30% valuation increase, building on the raised financial targets, but with this trading update, we expect our valuation change to be at the higher end of that range, or even surpass it.

Länk till analysen i sin helhet: https://www.redeye.se/research/1130086/cheffelo-comment-on-q3-trading-update?utm_source=finwire&utm_medium=RSS