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SENASTE
We make minor tweaks to our estimates ahead of Gapwaves’ Q1 report. We think 2024 will be a year of solid growth, backed by firm orders. Commentary on the start of production with Hella will be key for us in Q1, coupled with further flavour on the timing of an eventual full agreement with the undisclosed fourth tier 1 automotive supplier. We reiterate our DCF based fair value range of SEK 25-34 ahead of Q1 2024.
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