Aktuellt
SENASTE
Following the divestment of its German and Austrian operations (on 30 March) will shift focus and investments to Actic’s core Nordic home markets. While we reiterate our main thesis of more muted Nordic consumer spending this year, including for gym club memberships, we agree with this strategic decision improving prospects for efficiency gains and increasing ARPM over our forecast period to 2025. We keep our SEK 11 mid-point value.
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