While we see easy comparable figures within Expert Services in Q3/22, we acknowledge a sector outlook indicating a slowdown. We think Lime is able to grow through a recession supported by structural trends, although the main impact from an upcoming recession would be in its initial phase. We make estimate cuts to reflect this and derive a new fair value range of SEK 251-283 (SEK 285-322) per share with a mid-point of SEK 267 (SEK 304).
LÄS MER