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SENASTE
Footway Group, the specialist online retailer of mainly foot- and sportswear, should not be immune to current weak trading as corroborated by muted STILindex performance, as well as site traffic data from Similarweb so far in Q1. For Footway Group a key priority is working capital and we forecast the group to continue to release cash flow in Q1. We maintain our mid-point of SEK 6.50 based on largely unchanged forecasts, in absolute terms.
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