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Redeye: Tagmaster Q2 - Organic growth volatility continues

TAGM BPress release15.07.2024, 08.41

Redeye recognizes that volatile sales over quarters are currently an issue for the share performance. We have revised our sales estimates downwards after a weaker-than-expected organic growth. We are, however, convinced that the company will bounce back and likely show healthy growth, at least from Q4 and into 2025e. Our view is based on the long-term transformation of acquisitions made and riding the smart city trend. We lower our Base case to SEK 28(29) per share.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

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Tagmaster Q2 - Organic growth volatility continues