Siili: Tough times, but corrective actions made - SEB

Siili: Tough times, but corrective actions made - SEB

We forecast an improving H2 performance for Siili. Although the company’s headline Q2 performance does not support that, we see factors pointing to a slower sales decline and black profit numbers. The company remains in the middle of the AI transition, and we think the jury is still out about when Siili’s sales hit a bottom. Our fair value range declines to EUR 3.5-5.5 (4-6).

Länk till analysen i sin helhet: https://research.sebgroup.com/corporate/reports/143531