Västra Hamnen Corporate Finance has published a research update on Heliospectra AB following the company’s full-year report for 2020. The company has successfully adapted its cost base to the circumstances and is now positioned to take advantage of rising demand once the pandemic wanes. We maintain our valuation interval SEK 5.00 – 7.50 per share, writes Västra Hamnen.
· Ending 2020 with revenues and order intake on the rise
· Strong cash position following Q4 rights issue of SEK 50.6 million
· We reiterate our fair value interval of SEK 5.00 – 7.50 per share
Last week, Heliospectra