Dovre Group: Margins were soft despite growth - Evli

Dovre Q3 results came in mixed relative to our estimates in the sense that Renewable Energy grew a lot faster than we expected, while earnings were soft as the EUR 2.4m EBIT missed our estimate by EUR 0.5m. Dovre however retained its FY’24 guidance, which now implies relatively strong margins for Q4’24.

Länk till analysen i sin helhet: https://1764719.fs1.hubspotusercontent-na1.net/hubfs/1764719/ERP/Raportit/Dovre/Dovre%20241024%20Earnings%20flash.pdf