XL Smart (EXCL IJ): Enters optimization stage

XL Smart (EXCL IJ)
BUY / TP: IDR:3,400 (+32.8%)
Analyst: Chandra Pasaribu

Enters optimization stage
• Result was largely in line
• Stable operation matrix amid integration
• Upping guidance in capex and EBITDA margin
• Re-iterate BUY