We estimate Q2 sales of SEK 23m for the quarter, where we expect Catalyst to continue to develop strongly in the US. We expect y/y growth of 86%, mostly driven by the US where we estimate sales growth of 122%. We make minor adjustments to our estimates, raising expectations in the US, which explains most of our estimate changes. We reiterate our DCF-based mid-point value of SEK 11 per share.

https://research.sebgroup.com/corporate/reports/121537

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