Limited upside after share +38% L90D, down to HOLD (Buy). Volume recovery in '24e is factored into estimates. TP and org. estimates unchanged, EBIT down 1-2% on FX.

22 May 2024
Strong run limits the upside, down to HOLD

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Strong run limits the upside, down to HOLD
- Published:
22 May 2024 -
Author:
Adrian Gilani | ABGSC Capital Goods Research | Karl Bokvist -
Pages:
12 -
Limited upside after share +38% L90D, down to HOLD (Buy). Volume recovery in '24e is factored into estimates. TP and org. estimates unchanged, EBIT down 1-2% on FX.