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

Netcompany: Solid win within public sector has continued - Nordea

Netcompany Group

This is a third party research report and does not necessarily reflect our views or values

Download report (PDF)
We expect Netcompany to have enjoyed solid order intake in Q2 and so far in Q3, notably within the public sector. Q2's highlights included the SEK 2bn frame agreement in Sweden (to be "shared" among eight IT companies) and several larger contracts (EU) won by Intrasoft. However, as a number of contracts are frame agreements and run for several years, they might not yet be fully visible in the announced revenue visibility figures. We expect the high (revenue) activity level seen in Q1 to have continued in Q2. However, while order intake and contract negotiations are still sound, the private segment may start to see early signs of longer sales cycles. Our updated combined DCF and peer group valuation suggests a fair value range of DKK 520-600 (525-610) per share. Marketing material commissioned by Netcompany.
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.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team