We raise our fair equity value range to SEK 141-162 (125-145).
Ferronordic will present its Q2 numbers on 13 August. We expect organic sales to decline by 31% y/y and EBIT by 44% y/y for the quarter. We expect new unit sales to decline substantially, but we raise our sales estimates by 5% for 2020 based on less negative AEBRUS construction machine sales data than anticipated.
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