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At SEB's Nordic Seminar, Leaddesk’s CEO provided a confident growth-oriented message on a continuing SaaS penetration trend and price hike opportunities. Our read is that after some headwinds there are good opportunities to accelerate the growth pace again. If so, we continue to see the valuation as attractive for the growth case. Leaddesk trades currently at 2022E EV/EBITDA of 13x.
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