Clavister: Q1’20 Preview
Redeye leaves forecasts mostly unchanged ahead of Clavisters Q1-report tomorrow. We believe that Clavister has not yet experienced any impact in its ability to close deals due to the Corona crisis, on the contrary, in the short-term (i.e. Q1) we expect a slightly higher demand for its solutions as a consequence of employees working remotely. Any impact on the supply-chain should have been short-lived and without effect on Clavisters business, as the situation in China and Asia is gradually improving.
Our base case at SEK 18.0 per share is left unchanged..