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SENASTE
Alcadon Group, a leading distributor of network equipment in the premium segment of the market, will report Q2 results on 12 August. We downgrade our forecasts, reflecting mainly gross margin pressure from increasing cost of goods, as well as continuing cost growth (investments). Most importantly, we point out that any comment on progress in its major German frame agreement will be important. Our revised mid-point value is SEK 100 (115).
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