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SENASTE
Q2 sales were down 25% YOY, driven by lower volumes due to inventory reductions and overall weaker demand. Sales in Performance Chemical were affected by lower volumes from the wind-power industry and, while we expect a recovery during H2, it will likely take longer than we had expected. We have lowered our 2023e sales to SEK191m following the Q2 results, and our fair value to SEK8–10 (10–14)
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