Inderes Group - Q2: In line; July sales show continued momentum in IR software - SEB
![](https://www.inderes.se/cdn-cgi/image/format=auto,width=128,height=128,quality=90,fit=cover/https://content.inderes.se/assets/0c2e0e92-cc1c-4eb6-b13a-f7dbd8bc22ad.png)
Inderes reported Q2 broadly in line with our expectations. Also July sales were reported and sales for the month were slightly above our estimate as the IR software business kept performing. Swedish business ticked up from a low base roughly in line with our assumptions. Our first impression is neutral to slightly positive thanks to the continued increase in commission research contracts and the emerging breakthrough of the IR software business.
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Inderes
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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