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Fortnox Q3 2022: Sales and EBIT Somewhat Below Forecasts - Redeye

Redeye retains its positive view on Fortnox despite a Q3 report coming in somewhat short of our expectations. However, the organic growth of 35% and EBIT margin of 44% are nevertheless impressive. We will likely reduce our short-term forecasts somewhat.

Redeye retains its positive view on Fortnox despite a Q3 report coming in somewhat short of our expectations. However, the organic growth of 35% and EBIT margin of 44% are nevertheless impressive. We will likely reduce our short-term forecasts somewhat.
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