OM:SAVECapital Markets
Nordnet (OM:SAVE) Margin Compression Challenges Bullish Growth Narratives Despite High-Quality Earnings
Nordnet (OM:SAVE) is forecasting annual earnings growth of 9.57%, with revenue expected to expand at 4% per year, slightly ahead of the Swedish market's revenue growth rate of 3.3%. Net profit margins have dipped to 47% from last year's 49.4%, pointing to a mild contraction in profitability. Over the past five years, earnings have grown by 17.6% annually and are noted as high quality. Investors will be weighing these steady growth projections and robust past performance against recent margin...