Västra Hamnen Corp. Finance

Magle Chemoswed: Targeting profitability

  • Net sales in Q3 fell short of our estimates
  • High margin business areas continue to thrive
  • We maintain our valuation interval SEK 46.60 – 62.80 SEK per share

Magle Chemoswed’s Q3 2022 sales came in below our estimates as manufacturing revenue had a weak quarter. The effects of the sales dip in the CDMO category were mitigated by a strong quarter for royalty sales which resulted in a healthy bottom line. Magle Chemoswed continues to shift towards high-margin business areas such as DSM sales and royalties combined with a solid cost control. During the quarter, the company has initiated an investment program to increase production capacity for proprietary products.

The full report is available here.

Datum 2022-11-14, kl 08:30
Källa MFN
Hej Serverägare! Har du problem med troll och spam? Nu finns möjligheten att sätta en liten avgift, t.ex. 20kr, på discord invites och därmed stoppa många återkommande troll samtidigt som du tjänar lite pengar. Kolla in Invite Paywall.