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SENASTE
Siili’s Q1 report confirms that the company is well on its way to deliver its 2022 financial targets, specifically growth for both organic sales and EBITA of at least 10%. Siili will host its CMD on 11 May, and we note that the market momentum is enough strong for the company to set new more ambitious financial targets for the next strategic period. We raise our fair value range to EUR 23-25, and note that the mid-point suggests upside of at least 60%.
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