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Solteq’s performance continued as strong in Q1 and the result exceeded our expectations clearly. After several difficult years, Solteq’s investor story started to strengthen gradually last year thanks to the growing software and product business. Due to the significantly improved earnings level, the cash flow has strengthened, balance sheet improved, and risk profile lowered. Thanks to the earnings growth, the share’s valuation is very attractive, which together with systematic implementation of the strategy still supports our strong view of the share.

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Trade. (Solteq)