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Siili: Expecting 31% growth, driven by acquisition and Portfolio units - SEB

Siili publishes its Q3 management review on 27 October. We believe the quarter’s performance will continue the trend seen in H1, i.e. reported growth driven by Siili Auto, Vala Group and especially the recently acquired international Supercharge while the growth in Siili’s Core operations remains relatively muted. We keep our estimates intact and fair value range of EUR 19-21.

Siili publishes its Q3 management review on 27 October. We believe the quarter’s performance will continue the trend seen in H1, i.e. reported growth driven by Siili Auto, Vala Group and especially the recently acquired international Supercharge while the growth in Siili’s Core operations remains relatively muted. We keep our estimates intact and fair value range of EUR 19-21.
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