Aapeli has released a new company report on Exel regarding Q2 
Exel’s Q2 figures exceeded our forecasts by a healthy margin. The implementation of the company’s growth-phase strategy has started off faster than expected, and the measures taken in recent years are bearing fruit. With the strong earnings growth we forecast materializing, the stock’s valuation is not unreasonable, but following the recent sharp rise in the share price, the bar has also clearly been raised. Given the developments that have boosted our confidence, we are prepared to lean more heavily into the potential of the coming years.