CTEK (Q3 Initial take): Strong profitability - Redeye

Redeye comments on CTEK’s Q3 report, which showed weaker growth than expected, but this was compensated by far better profitability than expected. Low-voltage sales was once again the main driver behind the numbers, whereas EVSE struggled. On a positive note, the professional segment managed to reach EBITDA break-even despite relatively low sales, which we consider positive. We look forward to the launch of the new low-voltage power booster in Q4, which could be an important growth driver in the coming years.

Länk till analysen i sin helhet: https://www.redeye.se/research/1134252/ctek-q3-initial-take-strong-profitability?utm_source=finwire&utm_medium=RSS