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Lifeclean Q2’23: First take – flat sales development - Redeye

Redeye saw sales and results that were below our expectations. Sales were more or less flat y/y while costs were higher than expected. PFAS represented 37% of sales in the quarter, while the patented Lifeclean products grew by 92% in the quarter. We expect to make minor negative estimates and fair value range changes.

Redeye saw sales and results that were below our expectations. Sales were more or less flat y/y while costs were higher than expected. PFAS represented 37% of sales in the quarter, while the patented Lifeclean products grew by 92% in the quarter. We expect to make minor negative estimates and fair value range changes.
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