Updated equity research with 20% valuation uplift

Today ABG Sundal Collier published a sponsored research report estimating a 20% valuation uplift based on the transactions announced 9 of December 2020. They estimate a fair share price valuation range of NOK 9.3 - 28.8 and point out that Axactor is still trading ~40% below peers on ’21e P/E.


Attachments

> Update ABG December 2020

For additional information, please contact

Nina Mortensen

Nina Mortensen

Chief Financial Officer

+47 975 24 236

nina.mortensen@axactor.com