Redeye: GiG - Outlook remains strong, split of business could create valuation upside

2023-02-24 08:00:00

Redeye updates on GiG following its Q4-results which came in slightly above expectations. The outlook also remains strong with continued potential for topline growth and margin improvement going forward and we make limited changes to our estimates. However, the main news was the initiated strategic review with purpose of splitting its Media and Platform business in two independent listed companies which has potential to increase the value of the group in our view.

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