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SENASTE
Following the completion of restructuring in Q1, resulting in a non-cash gain of SEK 210m and two rights issues (netting a total of SEK 58m, we estimate), we expect gradual improvements in growth and profitability over our projection period of 2024-26. Shorter term, the negative impact on stock-in-trade levels from the restructuring should weigh on growth prospects. Based on our revised forecasts, we set our new mid-point at SEK 2.50 (3.00).
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