Logistics and comparisons will bring growth down for Ambu, analyst says

Senior analyst at Sydbank Søren Løntoft Hansen has subdued expectations for the first quarter of medtech company Ambu.

Photo: Ambu / PR

The first quarter for the skewed 2021/2022 financial year will be marked by a difficult basis of comparison and continued logistical challenges, both of which will put a damper on the report, says Søren Løntoft Hansen, senior equity analyst at Danish bank Sydbank, prior to the report’s release on February 8.

”Ambu’s first quarter will be characterized by a difficult basis of comparison within its Visualization business. Add to this continued logistic challenges in Ambu’s core business, which will, in our assessment, dampen growth in the quarter. We estimate a total organic growth of 1 percent, while a positive currency effect will lift up revenue,” the analyst writes.

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