Ahead of Q1 numbers, we leave estimates unchanged for Lime and thus also our fair value range of SEK 296-319 with mid-point at SEK 307. We expect Lime to deliver another solid quarter with 15% group organic growth but with contracting margins as the full effect of the August-trainee cohort will be visible together with parts of the January-cohort. All in all, we expect no drama in Q1.
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