Market saw a further sequential slowdown in Q2. We cut '23e-'25e sales 9-3% on the weaker outlook. We now expect 8% growth '23e – 13x '23e EV/EBIT.

20 Jul 2023
Rougher water

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Rougher water
- Published:
20 Jul 2023 -
Author:
ABGSC IT Research | Daniel Thorsson | Simon Granath -
Pages:
12 -
Market saw a further sequential slowdown in Q2. We cut '23e-'25e sales 9-3% on the weaker outlook. We now expect 8% growth '23e – 13x '23e EV/EBIT.