Sitowise: Sustainable performance is higher than currently

By Olli Koponen
Sitowise’s next few years will be more challenging than we have expected in terms of market development and earnings level. In addition to market challenges, internal challenges such as acquisition integration raise uncertainties about the company’s long-term potential, which lowered our target price together with short-term risks. However, the growing and highly profitable business areas, as well as the construction market that will eventually pick up and normalizing utilization ratio, create a base for earnings growth. Compared to the current low performance, we find the share's risk/return ratio attractive.