Abundance of downgrades may put damper on accounting season, says analyst

The upcoming wave of financial reports may bring a number of downward adjustments in its wake, assesses Niels Granholm-Leth, head of equity analysis at Carnegie. This applies to Ambu and GN, among others.
Photo: GN Store Nord / PR
Photo: GN Store Nord / PR
by marketwire, translated by Kristoffer Grønbæk

The Danish financial report season is right around the corner, and the expectation is that the Ukraine war, sky-high inflation and strained supply chains will reveal their effect in the shape of guidance downgrades, states Niels Granholm-Leth, head of equity analysis at Carnegie, according to Danish media Børsen.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading