Kassu has published a fresh company report following GRK’s Q3 results. 
GRK’s Q3 results were better than our expectations, largely due to the order book being executed faster than anticipated. We saw no need for significant forecast changes. Earnings growth will be challenging for GRK in the near future, but the expected return, consisting of potential share appreciation and dividends, remains attractive. Therefore, we reiterate our add recommendation for GRK with a target price of 14.50 euros.