Here are Pauli’s and Antti’s good comments regarding the updated guidance. ![]()
The updated guidance was better than our forecast for revenue, but in line with expectations for operating profit. Therefore, we do not see the release having a significant impact on our current earnings forecasts. Better-than-expected revenue growth also slightly reduces uncertainty regarding the double-digit growth figures estimated for 2026. The stock is fully priced when measured against the current year’s earnings, but still favorable growth prospects will quickly lower the multiples in the coming years. We are not making any changes for now to Componenta’s Add recommendation or our target price of 4.70 euros.