Affärsvärlden is positive on home automation company Plejd, according to a comment on Friday.
Plejd earlier today released a strong report for the third quarter of the year. Revenue rose by 31 percent and operating profit improved by 60 percent compared with the same quarter last year. The gross margin strengthened significantly.
The newspaper believes that although the valuation is not low, the company has a very strong growth track record and that internationalization is moving in the right direction, while the margin remains strong.
“Overall, the growth outlook remains bright and we are positive on Plejd,” Affärsvärlden writes in its conclusion.
