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Leaddesk’s gradual growth continued in Q1 with sales and ARR up 6-7%. We however, trim our sales estimates on the slower-than-expected ARR buildup. We find Leaddesk has a good opportunity to accelerate its growth toward 2025, not least thanks to its active development of AI features, which we see an important efficiency driver in future contact centre business. Fair value range down a notch to EUR 11-14 (12-15).
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