OM:IDUN BIndustrials
Idun Industrier (OM:IDUN B) Stock Price Drifts As Valuation Questions Build
Idun Industrier stock has been grinding lower, with the price down about 7% over the past week and roughly 9% over three months. That cool sentiment meets a set of earnings that quietly underline a different story. Q2 revenue landed at SEK670 million with net income of SEK17 million, keeping the trailing net margin near 2.2% and in line with the recent improvement that investors have been tracking.
The bigger tension sits on the valuation and balance sheet. Idun Industrier trades on a rich...