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Third party research

Lapwall: Strong progress despite the headwinds - Evli

LapWall

This is a third party research report and does not necessarily reflect our views or values

Download report (PDF)
LapWall’s Q3 was strong as the company was able to improve margins through volume growth leading to improved capacity utilization which was coupled with fixed cost reduction. With short-term uncertainty reduced, we increase our TP to EUR 4.2 while keeping rating at BUY.