Clavister: Q3'18 preview
Clavister will present their report for the third quarter of 2018 tomorrow (Wednesday the 21th of November). We estimate a rise in revenues of 13% y/y (and 23% order intake growth y/y) and an EBIT loss of SEK 15m. As usual, we will focus on the business update for the Communication Service Provider segment and the Enterprise segment. Enterprise is expected to continue its growth trajectory, and within CSP the unknown factor continues to be the rollout pace.
Our fair valuation before the report is SEK 10-71 per share with a base case of SEK 32..