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SENASTE
Shipping market was soft in Q3. ESL Shipping segment reported clean EBITA of EUR 3.8m compared to our forecast of EUR 6.2m in Q3. Full year 2024 guidance was repeated but operating environment is estimated to remain challenging. The remaining part (EUR 0.23) of expected dividend payment (EUR 0.47) will not be paid in 2024 due to acquisition of Swed Handling. We expect market consensus clean EBITA 2024 to be downgraded by EUR 2m (6%) after Q3 release.
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