BICO (Q2 Initial take): A return to organic growth and EBITDA profitability - Redeye
Bildkälla: Stockfoto

BICO (Q2 Initial take): A return to organic growth and EBITDA profitability - Redeye

BICO's Q2 report slightly missed on sales as project-based softness persisted, but a sharp margin recovery, and positive EBITDA offers an early glimpse of the combination the investment case hinges on: organic growth and EBITDA profitability moving together. With the resolvement of the convertible bond the company now also have a cleaner balance sheet, including a comfortable net cash position.

BICO's Q2 report slightly missed on sales as project-based softness persisted, but a sharp margin recovery, and positive EBITDA offers an early glimpse of the combination the investment case hinges on: organic growth and EBITDA profitability moving together. With the resolvement of the convertible bond the company now also have a cleaner balance sheet, including a comfortable net cash position.
Börsvärldens nyhetsbrev