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Feb 7 2020, 07:05 GMT
The ramp-up of Greenhammer and the acquisition of Lehti Group have substantially mitigated the future negative impact of lower margins which came through last year. The effect from last year’s cost-cutting initiatives could also be a catalyst in 2020. The stock is trading at a discount to its peers and the sector, and we reiterate our ‘Outperform’ rating.
Feb 7 2020, 07:05 GMT