Redeye’s view on the case remains intact and we have only made minor changes to our forecasts following the Q2 report. Railcare showed continued good growth and stable margins during the quarter. Given the circumstances, with problems relating to the Swedish Transport Administration’s new MPK planning system, we find this particularly encouraging. A testimony to Railcare’s agility and corporate culture. Overall, market demand remains firm. However, the very near-term outlook is unpredictable due to the planning issues mentioned.

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

Railcare - Steady Progress

© Modular Finance, source Nordic Press Releases