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SENASTE
Suominen reported weaker than expected Q2 earnings but continues to anticipate stronger earnings in H2. We lower our comparable EBITDA estimate for 2023 to EUR 20m, and our DCF- and multiples-based fair value range is reduced to EUR 2.6-3.3, owing to the lowered near-term outlook. Marketing material commissioned by Suominen Oyj.
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