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SENASTE
Based on weak online and retail market data in Q4 2023, we expect a challenging period for DistIT Group – a leading distributor of mainly IT/Tech and consumer goods. In addition, Efuel – its EV charging distribution business – has yet to offset lost volumes from the earlier sales ban on two of its main products (from Norwegian Easee). Based on revised forecasts, we set our new DCF-based mid-point at SEK 9 (12) per share.
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