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Redeye: Binero - RedBridge Starting to Show Off

Redeye retains its positive view of Binero while making minor forecast adjustments following its Q1’22 report. The EBITDA came in stronger than expected while the revenues were somewhat lower, being the first quarter showing fully RedBridge-consolidated figures. Consequently, our 2022E and 2023E are slightly adjusted, giving rise to a new fair value range with a Base Case of SEK 5.2 per share.

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Binero - RedBridge Starting to Show Off

Författare MFN