QleanAir: Preliminary Q4 Figures Below Expectations - Redeye

Last night, the company presented a palette of one-time costs negatively impacting the Q4 figures. One-time effects aside, we are surprised by underlying cost development as adjusted results were still significantly below our estimates. The uncertainty has continued to increase, and the company cancels its dividend for 2022. We require more details from the full report before adjusting our estimates and valuation.

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