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Redeye states that topline and gross margin was somewhat better than it expected but that the cost base was somewhat higher. Nepa is however taking firm actions toward lowering its cost base beyond what has previously been announced - and has recruited a new COO, specialized in change management and efficiency improvement, who will be crucial to this. Redeye does not expect to make any major changes to its topline estimates, but might lower its expected cost base for 2024. Redeye expects to only make minor changes to its fair value range.
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