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Redeye comments on Thunderful group’s Q2'22 report. Overall, we are encouraged by the report and are positively surprised by Games performance in the quarter. Net sales came in 10% above our estimates, while Adj EBITA was 10% below. However, this includes impairment from The Gunk of SEK -10m. Excluding this, Adj EBITA was 18% ahead of our estimates.
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