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QleanAir Q4 2023: Largely in line - Redeye

Redeye comments on QleanAir’s Q4 figures where sales were in line with estimates, growing 3% y/y while costs were somewhat higher than expected, leading to a 3p.p. miss in EBIT margin. In absolute figures, the report is overall in line with estimates. Going forward, we expect to make adjustments in the product mix, while leaving the topline largely unchanged.

Redeye comments on QleanAir’s Q4 figures where sales were in line with estimates, growing 3% y/y while costs were somewhat higher than expected, leading to a 3p.p. miss in EBIT margin. In absolute figures, the report is overall in line with estimates. Going forward, we expect to make adjustments in the product mix, while leaving the topline largely unchanged.
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