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Mentice Q4 2022 - Tough comparatives but solid order intake

2023-02-06 07:50:00

Redeye updates its estimates and valuation following Mentice’s Q4 2022 report. Sales growth came in weaker than we expected during the quarter. However, a solid order book and external cost reductions give us confidence that Mentice can deliver profitable growth going forward. We nudge up our base case.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/