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SENASTE
The first quarter was slow in terms of sales as no system sales were recorded. The company still beat our expectations thanks to Coating Services showing good growth. Also, we note that orders for two coating system were received during the quarter, which is reassuring. Impact Coatings now has a number of activities that we believe will generate substantial business in the mid- and long-term perspective. But as for the current year, we will have to cut our sales forecast further.
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