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SENASTE
We estimate muted performance for G5 in Q2/22, with organic growth of about -9% as monetization of Sherlock: Hidden Object Mystery is still ramping up, and EBIT of SEK 17m due to the high UA investments fuelling the growth of the game. We expect EBIT margins to ramp up progressively, eventually returning to normal in Q4/22. We make only minor estimate changes for now and our DCF mid-point remains at SEK 390 per share.
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