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Railcare - Sales at new ATH

2022-11-10 07:52:00

Redeye is encouraged by the strong Q3 numbers including group sales hitting a new ATH. Swedish operations had another strong quarter while the UK bounced back from a weak Q2. We are raising our forecasts and see an appealing potential in the share, which is trading at attracting multiples and a Base case fair value around SEK 29 per share.

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This is a press release from Redeye - Research Powered Investment Banking.