Affärsvärlden gives a neutral advice for Instalco after savings program
December 17, 2024 at 08:15 am EST
More than a year into the construction slump, Instalco sees the need to cut costs further. This suggests that a turnaround may take some time. At the same time, eight subsidiaries are being closed down, which means increasing question marks about the company's acquisition strategy. This is what Affärsvärlden wrote in an analysis on Tuesday.
The share is clearly more expensive than other similar companies on the stock exchange. The valuation is not attractive enough to dare to buy the share in this uncertain situation, the newspaper assesses and gives a neutral advice.
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