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SENASTE
Footway Group, the online retail specialist focusing on foot- and sportswear, will report Q2 financials on 13 July. Available online market and traffic data for the period April to May suggest a challenging market environment. Company specifics (from inventory provision releases) should continue to bolster gross margins. Cost management adds to our Q2 LBITA forecasts of SEK 11m. We reiterate our equity mid-point value of SEK 6.50 per share.
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