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SENASTE
We expect a strong Q4 report from Green Landscaping, with price increases mitigating part of the cost pressure and given reasonably favourable weather in the quarter, even if seasonality is less prominent now than it was a couple of years ago. In our view, the group is well positioned to navigate an economic slowdown, thanks to stable end-markets and large public sector exposure (~2/3). We reiterate our mid-point value of SEK 83 per share.
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