Redeye: Enea - Pessimism toward 5G potential
Redeye thinks the Q1 report was weak, but in line with Redeye's expectations. The telecom segment of Network Solutions is not developing according to Enea's expectations, causing Enea to initiate a strategic review of its telecom portfolio. The company aims to focus on the growing parts and that profitability is key. Redeye thinks Enea is looking to divest one or several of its 5G products. Redeye lowers its fair value range.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/