Publicerat: 2020-02-18 10:34:25

Zenicor: Short-term negative effect from sales model transformation - Danske Bank

"Sales saw a sharp -22% y/y drop in Q4 to SEK4.3m with negative EBIT of SEK 1,3m, largely explained by the ongoing change in sales model creating a short-term negative sales effect. Otherwise, the main takeaways were (1) reiterated positive growth outlook, (2) a new deal signed with Tiohundra in Sweden supporting the growth story ahead and (3) good underlying cash flow with a cash position recovery, key for sentiment."

Link to commissioned research below.


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