New target price is 38.4 NOK. Link is still a great business.

We have overhauled our own analysis on Link Mobility, and here are some key takeaways:

  • We are more confident than ever in the growth and scalability. 

  • The recent growth decline is temporary, we expect 7,3% organic growth going forward (and we will show you why)

  • EBITDA will double next 3 years

  • We assign somewhat less value to M&A than previously

  • Link reporting quality and communication is excellent

If you want to learn more you must read our 31 page full analysis 😊

Disclaimer:
Hvaler Invest is a significant shareholder so you cannot trust us (or perhaps you can?)

Best regards,
David and Sverre

Hvaler Invest AS
Lillestrøm, Norway
08.07.26