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SENASTE
With continued sluggish demand in P&S, Tobii’s largest segment, the road to near-term profitability is increasingly to streamline the organization and to reduce costs. Progress is evident in the emerging automotive vertical, although with ramp-up likely to take some years it will contribute little to near-term earnings. We cut our revenue and cost assumptions, which results in a new fair value of SEK 4-6 (6-8) per share with a mid-point of SEK 5 (7).
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