SEB - Software-driven growth - Inderes Group

Ahead of Inderes’ Q2 report we have slightly reduced our estimates and fair value range. The May sales report was surprisingly soft although the month saw some project revenue moving to June. Interestingly, Inderes is set to publish the semi-annual sales and profitability for each business unit for the first time. While the performance in Research and Events is likely to remain muted, we believe that H1 growth has been driven by Software.
Inderes operates in the financial industry. The company provides a community platform for investors and listed companies. Via the platform, users can communicate with each other and exchange investment tips. The customers consist of both companies and private individuals. In addition, the company offers analysis services and a basis for investment decisions. The largest operations are in the Nordic region.
Read more on company pageForum opdateringer
