1. ALLA AKTIER
  2. NYHETER
  3. VÄSTRA HAMNEN CORP. FINANCE

Västra Hamnen Corp. Finance

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Movinn: Meeting expectations

  • Higher revenue than expected
  • Set for Malmö launch in Q2
  • We maintain our valuation interval of DKK 11.00 – 14.10 per share

Movinn’s report for the first quarter of 2022 showcased a stronger revenue and a higher number of units than expected. Despite Q1 historically being a weak quarter, almost 75 percent of 2022 year’s pipeline is secured already. Furthermore, the company is set to launch in Malmö during Q2 with expansions into Germany and a new Danish city being considered. The company continues to grow in line with expectations and we therefore maintain our valuation interval.

The full report is available here.

About Market Focus

The research report is prepared as part of Market Focus, Västra Hamnen Corporate Finance's commissioned research offering.

This is a press release from Västra Hamnen Corporate Finance AB. 
Web: vhcorp.se
Twitter: @vhcorp_se (https://twitter.com/vhcorp_se)

Datum 2022-05-12, kl 10:35
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