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Impact Coatings: Awaiting a Stronger Order Flow

2020-03-04

07:30

HH

HA

Havan Hanna

Henrik Alveskog

To reflect a continued weak order flow Redeye mainly cut 2020 estimates, while leaving valuation unchanged. Our belief in the new strategy, unchanged outlook for the fuel cell vertical and management’s confidence in the current pipeline (D/M/R segments), makes us stand behind the case.

Disclosures and disclaimers