We can also compare MYG with SXE which had a major re-rating, when the market realised that the company was growing again its revenues during FY 24.
I expect a similar scenario for MYG, as I do not see any major reason why MYG could not grow its revenues like the rest of the sector during H2 24.
MYG has a lower exposure (than SKS and SXE) to data centers, but it also depends on other growing areas (cf recent presentation of their MD).
Comparison MYG vs SKS, page-2
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