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Press release

Redeye: Gapwaves - Wave of positive news flow expected

Gapwaves

Gapwaves posted a strong Q1, with net sales up 46% y/y and EBITDA excl. ACI hitting SEK-2.5m, 64% ahead Redeye research estimates (RRe). Redeye anticipates accelerating product-related revenue and continued sales growth hereafter, despite global uncertainties. Redeye sees a wave of positive news flows for the year with several potential volume agreements being announced and clarity around Valeo’s Volkswagen win.

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

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Gapwaves - Wave of positive news flow expected

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