Paynova; New health care client potentially larger than SJ

Research Note

2016-02-18

11:16

Paynova delivered a Q4-report where revenue from the PSP-operation was broadly in line with expectations. The implementation of the consumer credit platform for the large national railway operator SJ is also proceeding according to plan. In the report Paynova announced the potential order value from the Nordic client with operations in the healthcare sector. The client is a dominant player within its segment and has a 75% reach in a market that has an annual turnover of as much as 15 bn SEK. The signed contract is therefore a potentially larger revenue contributor than Paynovas largest client SJ.

JE

Johan Ekström

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