BuildData Q4: Growth continues – SEB


BuildData’s Q4 22/23 showed continued growth, particularly on total contract value (TCV), growing 32% y/y, with EBITDA in positive territory following cost measures, despite inflationary pressures. In terms of outlook, the company says the market is past its peak but is still optimistic about growth in the coming year. We expect positive estimate revisions on the back of the report.

SEB Research

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