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SENASTE
Redeye believes the high visibility on profitability due to IFRS will give investors some confidence. EG7 reported revenue an EBIT of SEK 48 million very close to our estimate of SEK 52 million. EBITDA was SEK 87 million (estimate of 95 million). Total revenue SEK 347 million was however below our estimate. The group completed the acquisition of Innova on the last day in Q1. With Innova consolidated it in the income statement this will give a further boost in profitability.
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