Redeye's first comments on the Q1 report this morning. The outcome of the first quarter report was, in our view, positive. Net sales and gross profit were marginally lower than expected, while EBITDA/EBIT was stronger than expected, with a positive EBITDA. The gross margin bounced back to an excellent level after a weak Q4. We do not expect to make more than marginal changes to our estimates and fair value range.
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