NuWays - Steady quarter ahead, margin upside in reach
Research on Africa Opportunity Fund Ltd. (AOF) from NuWays
ATOSS releases preliminary Q3 on Friday: we expect sales of € 53.3m (+12.9% yoy) and EBIT of € 18.4m (34.5% margin). An EBIT guidance upgrade remains a real option. Reiterate BUY, PT € 134.
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