Last week, Netcompany reported its FY 2023 earnings and announced its guidance for 2024. The outlook suggests a stronger year ahead for the company’s Danish market with continuing opportunities for growth and margin expansion outside of Denmark.
The updated One-pager on Netcompany provides insights into Netcompany’s performance in 2023 and looks into the investment case for 2024 and beyond as the company pursues its mid-term financial targets towards 2026. Perspectives on key investment risks, key investment reasons, and valuation against its peer group can also be found. The market has seen a re-rating in the IT Services sector amid higher interest rates, bringing earnings multiples back below pre-pandemic levels.
To learn more about Netcompany, its 2023 performance, and future outlook, you can catch up on the latest Presentation of Q4 and full-year 2023 results, hosted with Netcompany CFO Thomas Johansen.
FY 2023 event link: https://lnkd.in/dVwyMss6
One-pager link: https://lnkd.in/eikcBRQc
Disclaimer: HC Andersen Capital receives payment from Netcompany for a Digital IR/Corporate Visibility subscription agreement. /Philip Coombes 13:20, 30.01.2024.
Business Improvement Specialist
2moI did a paper on a suggested Ocado type model on my postgraduate Marketing course back in 2011. At the time I suggested an M&S, Tesco and Lidl combination to provide the customer with a price range choice. So nearly got it right!