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Gofore reported November work-day adjusted growth above our estimates. The company’s daily sales per FTE increased by 8% from the previous year, which we believe is enough to offset salary inflation and hence the numbers are supportive for Q4 profitability. Gofore announced also a significant new EUR 6m deal. However, the demand looks to be so strong that the company had to withdraw from a recently won deal due to capacity constraints.
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