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Press release

Redeye: Lifco Q2 2024 - Navigating stormy waters well

Lifco

Redeye updates its estimates and valuation following Lifco releasing its Q2 2024 report. Both top-line figures and margins exceeded our estimates, with business area Demolition & Tools and parts of Systems Solutions paring currently soft demand better than we expected. We judge the outlook for H2 2024e remains uncertain, though our long-term view of the company’s trajectory remains unchanged.

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

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Lifco Q2 2024 - Navigating stormy waters well

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