Analyst RecommendationAnalyst reaffirms a positive view on the stock with a target price of €7.0, applying a fair 9x EV/EBITDA multiple to 2024 estimates.
Cybersecurity And DefenceCybersecurity showed the strongest growth, with revenues increasing significantly and benefiting from consolidation of XTN and positive trends in the defence sector.
Revenue GrowthReturn to double-digit organic growth after three consecutive quarters of decline, with 3Q revenues reaching €16.4mn, up 51% YoY.