Redeye expected higher sales in Q2 and consequently stronger earnings. Given the muted topline, earnings are still quite decent. On a positive note, order bookings picked up significantly and recent M&A (Satco AS and consolidation of FiiZK) will further support higher sales in H2’26 and beyond. Despite weaker Q2 earnings than we anticipated, we will most likely make some positive changes to our estimates, thanks to the Satco acquisition.
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