In this equity report, analysts Johan Cisneros and Olof Ståhl evaluate New Nordic Healthbrands. The report discusses possibilities for further cost synergies and operational leverage through New Nordic Healthbrands competitive distribution network. This report is written in Swedish If you want to get in touch with the analysts, please send an email to analysgruppen@linclund.com. Please click on the picture in order to access the full report.

Case summary:

  • Organic growth through a large network of distributors
  • Operational leverage enabled through economics of scale
  • Fragmented market with low entry barriers puts strains on product innovation
  • Base case indicates an appreciation of 72 %

 

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