Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Press release

Redeye: Momentum Group - Acquisition story intact

Momentum Group

Redeye updates its estimates and valuation following the Q2 2025 report from Momentum Group. Net sales came in at SEK824m, slightly below our estimates but still up 7% y/y, driven by M&A with a c2% organic decline. EBITA was c5% below forecast, indicating resilient margins in the face of a slightly lower top line than anticipated. Capital efficiency and the overall balance sheet remain strong, and M&A capacity is high. We expect continued acquisition activity and make only minor estimate revisions, trimming sales and margin assumptions due to a slightly more cautious stance. Our updated fair value range supports us being neutral to the share at the current time, although it could still be an interesting opportunity for investors with a long-term view and conviction in continued solid execution.

Read more and download the Research Update.
 
Follow companies at Redeye to receive the latest equity research within Life Science and Technology.
 
This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

Attachments


Momentum Group - Acquisition story intact

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.