Redeye: Hexatronic Group - Short-term pressure creates an opportunity

We continue to believe that the true opportunity lies in the expansion into new markets like the USA, the UK, and Germany, where one operator can be many times larger than the whole Swedish market. During Q2 we saw increasing system sales volumes in the USA and after the period ended Hexatronic landed a milestone deal in the UK. We have made some forecast adjustments which leads to a slightly lowered Base-case and valuation range.

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This is a press release from Redeye - Research Powered Investment Banking.