Safello pre-announced key metrics for its Q4 2024 report due 21/02/2025. Net sales were in line (-1%) with Redeye Research Estimate (RRe) and increased 40% y/y. EBITDA and EBIT were 45% and 50% above RRe’s adjusted measure. Increased orders and volumes, as well as burgeoning cryptocurrency prices in the quarter, drove strong results. Redeye favours the result but awaits the full report before making estimates and valuation changes.

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