Due to the corona crisis and the worsened economic outlook, we forecast that projects will be delayed with declining demand in Hexatronics’ end-markets. While our lowered forecast yields a new base case of SEK 64.0 (73.0) per share, we remain positive to the long-term buying opportunity. The underlying demand will remain stable long-term, and Hexatronics operations are considered critical in its most important markets, making it less vulnerable to restrictions, relatively many other industries.

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