Energy Save: Partnership with Aira validates its offering - Redeye

Redeye updates its view on Energy Save (ES) post the Q4 2022/23 report. While the report came in lower than our expectations, the announced partnership with Aira was the highlight on the reporting day as it validates its offering. However, given the weaker report and a somewhat more cautious outlook in the near term, we revise our estimates and valuation accordingly.

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