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SENASTE
As we expect global gaming market demand to continue to decline in H2/22 and 2023, we cut our sales estimates by 17-20% for 2022-23. Asetek is committed to launching its new product category, SimSports, which could provide upside potential to our long-term estimates; however, in the short term, we believe its sales will be impacted by tough market conditions. Our valuation range falls to NOK 29-78 (NOK 39-91) per share.
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