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SENASTE
Beijer Group reported an order intake of about SEK603m and sales of close to SEK589m, translating into a growth rate of 26% y/y. This was somewhat better than our estimates. However, Beijer Group's profitability was impacted by new purchases on the spot market and did come in below our expectations. Still, Beijer Group is closing a strong 2022, and we believe that it is well-positioned for further growth and margin improvement in 2023, given the continued good order intake.
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