Eniro's second-quarter performance signals potential market weaknesses ahead. Specifically, micro and small businesses in Sweden, a crucial segment for Eniro Group, are facing challenging times. This, coupled with a softening advertising market, compels us to revise our top-line growth projections for upcoming quarters. However, the efficiency program it launched during the quarter should help offset some of the anticipated downturn.

Read more and download the Research Update.

Follow companies at Redeye to receive the latest equity research within Life Science and Technology.

This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

Attachments

Eniro Group Q2-23 - Market challenges ahead, efficiency measures to mitigate impact

© Modular Finance, source Nordic Press Releases