Asetek will report its Q3 results on 28 October. Our estimates are unchanged ahead of the report and we continue to forecast -31% sales growth for Q3 (+10% growth for 2021). The G&E business is impacted by short-term disruptions such as supply-chain issues and component shortages. However, as reflected in Asetek's recent product launches, we believe underlying demand remains strong. Our mid-point DCF valuation is unchanged at NOK 70 (fair value range of NOK 46-105).
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