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SENASTE
Footway Group reports Q3 sales and LBITA slighly below our forecasts with some positive signs, including strong growth in several European markets, such as in Germany and the UK. Group sales of SEK 262m (-23% y/y) are 1% below us at SEK 265m. LBITA of SEK 13.5m is SEK 2m below our SEK 11.6m estimate. Q3 OCF was positive at SEK 34m vs. our SEK 2m estimate. We are likely to maintain our financial forecasts and we reiterate our SEK 7.50 mid-point per share.
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