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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

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.

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