I was thinking the same thing, not only has it not reached pre-covid levels again - we are easily in better position with not only 2 sets of reconfirmations on the numbers but the target dates have actually been brought forward during this silly season and we are closer to our profitable deadlines than pre-covid and an additional well received strategic acquisition was also made since covid too!
The airport side of the business was never in doubt for me personally with having an idea on how those contracts work, but I understand that many buyers may have had reservations, however now that they have confirmed not single client was lost in that space and they even managed to bring some on in what has to be assumed was the worst of covid, my rational would be surely pre covid prices plus an uptick for the reasons above would be fair price with a gradual trend north as we get closer to our key profitable dates as reaffirmations come....
EVS Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
