We adjust our forecasts to reflect a different revenue mix entailing a stronger focus on value-added solutions. This translates into a 16% average cut in FY24-26E revenues partly balanced by a stronger profitability outlook. For FY24E, we project a 17% top-line growth (from previous 32%), which implies a >25% growth pace over 2H24E, with the EBITDA margin seen reaching 4.2% driven by gross profit margin expansion. In FY25-26E we forecast sales growth to remain in the high- teens area, with the EBITDA margin gradually expanding to 18.8% in FY26E. On cash generation, we project a lower FCF in FY24E due to a higher NWC absorption, seen partially reverting in 2H24E, anticipating the company to reach a breakeven NFP in YE24E. Going forward, we confirm our improving cash generation trajectory, as we forecast FCF to reach breakeven in in FY26E.