Exactly. We are talking about a group of 23 businesses that grew organically by 12% in Q4. Where the order books are now clearly stronger than a year ago. And a clear turn for the better already happened in 2025. The economic outlook also supports the company. Although a roaring upturn is not yet expected, a gradually improving one is. Boreo had a difficult 2024 and the company has gone through a cost-cutting program. I believe the company will emerge even stronger (more efficient) from this. There is debt, but the financing situation is more reasonable than before, considering the direction the company’s revenue, earnings, and market are currently moving.
It looks quite good, and there seem to be others in the market with the same mindset when you take a look at the stock on the exchange.