Including weaker-than-expected Q3 GMV and LBIT, respectively, and from adjusting our Q4 and FY 2023 growth and margin scenario to reflect more muted consumption near term, we downgrade our financial forecasts. In the medium term, we reiterate our view that the online market should buck the negative trend post-Covid to exceed overall consumption growth. Based on revised numbers we set our new mid-point value at SEK 425 (450).
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