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Asetek: Braced for a signficant improvement in H2 - SEB

Our EBIT estimates increase by 83% for 2023 and 9% for 2024-25 to reflect Asetek’s significant guidance increase on 8 June. We expect the company to report soft Q2 results on 9 August but a significant improvement in H2. Our DCF valuation range is updated to DKK 4-12 (3-10) per share.

Our EBIT estimates increase by 83% for 2023 and 9% for 2024-25 to reflect Asetek’s significant guidance increase on 8 June. We expect the company to report soft Q2 results on 9 August but a significant improvement in H2. Our DCF valuation range is updated to DKK 4-12 (3-10) per share.
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