BHG Group - E-commerce consolidator and Nordic market leader

Yet another pitch-black report from BHG Group. It’s hard to see even the current share price as justified, even though we are at a “bottom” from a historical perspective.

Structural changes are good and needed, but things still seem to be in very bad shape in almost all segments. Home improvement was the only segment where some kind of defensive victory was seen.

Has everything been going from bad to worse ever since EQT exited the company?

Am I missing something in the big picture, or does anyone else see any light for this company?

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