Inderes: May sales below last year's and our estimate - SEB
13 juni, 09:45
Inderes reported weak monthly sales data for May, with a decline of 12%. Although this owes partly to the timing of certain events (from May to June) our first read is that May-June sales are likely to fall somewhat short of our current estimates.
SEB Research
This research has been commissioned by the company. Only for professional investors resident in EEA member states. Reports may not be distributed to the US or other jurisdictions where to do so would be unlawful. Please see the disclaimer tab for any details of investment banking services recently provided by SEB that could be considered relevant to the subject matter of this research.
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Inderes: May sales below last year's and our estimate - SEB
13 juni, 09:45
Inderes reported weak monthly sales data for May, with a decline of 12%. Although this owes partly to the timing of certain events (from May to June) our first read is that May-June sales are likely to fall somewhat short of our current estimates.
SEB Research
This research has been commissioned by the company. Only for professional investors resident in EEA member states. Reports may not be distributed to the US or other jurisdictions where to do so would be unlawful. Please see the disclaimer tab for any details of investment banking services recently provided by SEB that could be considered relevant to the subject matter of this research.
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