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Asetek: Risk on the demand side is increasing - SEB

Asetek is due to release its Q1 earnings on 28 April. We think investors will focus on demand from the gaming market, an update on the supply chain, and new product launches. We lower our 2022 organic sales growth estimate from 0% to -3% to reflect the near-term risk of a slowdown in consumer spending. Our DCF valuation range falls to NOK 44-102 (49-108) per share.

Asetek is due to release its Q1 earnings on 28 April. We think investors will focus on demand from the gaming market, an update on the supply chain, and new product launches. We lower our 2022 organic sales growth estimate from 0% to -3% to reflect the near-term risk of a slowdown in consumer spending. Our DCF valuation range falls to NOK 44-102 (49-108) per share.
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