operating costs than expected which was largely a result of new orders from
both existing and new customers. The company has made progress in its primary
business area of focus, PHA, with developments in several customer projects.
Additionally, the company has signed both a memorandum of understanding and a
binding term sheet with two new partners. The company’s progress resulted in
minor changes in our model, and we maintain the fair value of SEK 10.5 per
share.
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SENASTE
