What to expect in Q1'24
For Q1'24, we expect sales of SEK 293m, implying a y-o-y decline of -10%, along with an EBITA of SEK 17m, corresponding to an EBITA margin of 5.7%. Our new estimates mean that we have reduced Q1 sales and EBITA by 3% and 44%, respectively. Macroeconomic data for IT consultants continues to point to challenging conditions as demand, hourly prices, recruitment and utilisation are still declining.
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