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Research

Inderes Group - October catches the miss in September - SEB

By SEB
Inderes
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Inderes' October sales highlight that the slowness in September was largely
due to timing issues. The month saw sales increase by 13% after a 16%
decline in September. We had expected 4%, and hence the performance in
October suggests a good start to Q4, for which we have input sales growth of
2%.

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.

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