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Press release

Redeye: Binero Group - Transformational 2024

Binero Group

Redeye states the report’s highlights were good AAR growth within the Cloud and good cost control, but sales and earnings were below expectations. Redeye believes the implied Q4 2023 figures point to a challenging start to 2024 in Binero’s ‘legacy’ business. Redeye believes Infrateq reduces the issuance risk but introduces short-term uncertainties. Redeye increases its net sales and EBITDA estimates between 175-320% and narrows its fair value range.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

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Binero Group - Transformational 2024

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