OM:CHEFFood
Cheffelo (OM:CHEF) Stock Drifts As Margin Gains Seek Staying Power
Cheffelo shares have been under quiet pressure, down about 5% over the past week and roughly 7% over the past month, even as the latest quarter delivered the kind of profit story meal kit investors usually look for. Q2 earnings per share came in at SEK 2.71 with net income of SEK 35.3m on revenue of SEK 332.8m. This points to a sharp margin uplift that now stretches across the last twelve months.
For short term traders that disconnect may be frustrating. For long term holders it raises a...