Redeye: Infracom - The acquisition journey continues
Redeye retains its positive view of Infracom following its Q3 report. The sales exceeded our expectations due to solid acquired growth, while the EBIT margin was somewhat softer than anticipated but still solid and in the upper range of its financial target. All in all, we update our forecast somewhat while we keep our fair value range intact.
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This is a press release from Redeye - Research Powered Investment Banking.