Enersense International: Strong order intake expected again in Q2 – SEB


We expect announced orders in Q2 of more than EUR 60m, increasing the order backlog to over EUR 550m. We forecast adjusted EBITDA of EUR 1.2m. We expect the guidance of adjusted EBITDA in the range of EUR 12-8m to be repeated, because reaching the guidance is heavily dependent on Q4 onshore development income. We retain our fair value range of EUR 8-13.


SEB Research

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