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SENASTE
Suominen’s Q3 2023 results were an improvement from Q2, albeit slightly less than we and consensus had factored in, and management claims it is seeing positive signs in its business despite the challenging global economy. We expect the margin improvement to continue but lower our EBITDA estimates by 12% for 2023 and 7% for 2024. Marketing material commissioned by Suominen Oyj.
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