Q4 report
Due to the change to IFRS and the fact that a reconciliation bridge from Swedish GAAP to IFRS for Q4 was not provided in the report, we are unable to provide a clear like-for-like comparison vs. our previous estimates. That said, we were positively surprised by the strong cash flow generation and the corresponding reduction in net debt as well as the strong organic growth of 21% vs. ABGSCe 15%.
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