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Siili Solutions: Supercharge to give growth and profit boost - SEB

Siili’s Q1 did not offer major surprises. Our key read is that Supercharge has continued its robust growth, making the acquisition look even more attractive. The case remains intact and Siili’s Core operations and Auto are expected to return to growth as the pandemic eases. With minor estimate changes we keep our fair value range intact at EUR 19-21.

Siili’s Q1 did not offer major surprises. Our key read is that Supercharge has continued its robust growth, making the acquisition look even more attractive. The case remains intact and Siili’s Core operations and Auto are expected to return to growth as the pandemic eases. With minor estimate changes we keep our fair value range intact at EUR 19-21.
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