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SENASTE
Redeye still has an optimistic view on Impact Coatings and its prospects for long-term profitable growth. We find the case increasingly more interesting following the weak share price performance lately. The Q1 report included a couple of bright spots like strong growth in Coating Services and orders for Coating System due in 2023. We are again lowering our near-term forecasts, but the impact on valuation is modest.
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