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SyntheticMR Q2: Strong growth in Q2 - SEB

Q2 was overall strong with both sales and earnings topping our expectations (no consensus), with SyntheticMR growing sales 59% y/y. SyntheticMR mentioned it was pleasing to see that the causes that negatively affected Q1 were significantly reduced during the period. The results could potentially drive mid-single-digit positive revisions to our FY 2022 sales estimates.

Q2 was overall strong with both sales and earnings topping our expectations (no consensus), with SyntheticMR growing sales 59% y/y. SyntheticMR mentioned it was pleasing to see that the causes that negatively affected Q1 were significantly reduced during the period. The results could potentially drive mid-single-digit positive revisions to our FY 2022 sales estimates.
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