OB:NKRMachinery
Nekkar (OB:NKR) Stock Sees Margin Repair As Valuation Questions Build
Nekkar closed at NOK14.75 after the Q2 numbers, with the stock roughly flat over the past month and down over the past quarter. The market reaction looks muted, yet the headline from these results is anything but. Revenue of NOK128.51m sat alongside a swing back into the black, with basic earnings per share at NOK0.01 after a run of quarterly losses.
For short term traders that profit line may look small. For long term holders the key story is margin repair and the shift from loss making...