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SENASTE
At SEB's Nordic Seminar, CEO Kenneth Lundahl and CFO Michael Grindborn presented a strong case for Balco Group in the years ahead, reiterating a continuing momentum in order intake in Q4 2021 and in Q1 2022. The larger order win (closer to SEK 300m) in late December will be booked in Q4. The company added to credibility on its new financial targets released yesterday by elaborating on the underlying assumptions and drivers. For now we reiterate our midpoint DCF of SEK 135.
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