Infrastructure RevenueManagement remains confident of sustaining top line momentum, expecting some rebound in infrastructure revenues after the -20% decline in 2024, driven by Unifiber and Cliofiber.
Market ConsolidationUnidata should actively consider new strategic options, such as consolidation scenarios, to strengthen its market position.
Market RiskCapturing a higher equity market risk premium, the target price was revised from €5.5 to €5.2.