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2024-05-06 08:25:00
Redeye updates on W5 following its Q1-results which came in slightly below our forecasts. Order intake was stable in Q1, and the company has seen an improvement during Q2 which supports our outlook for a stronger H2 2024. Still, we lower our near-term growth assumptions and our 2024-26E EBITDA estimates are down 9-12%.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/