Redeye sees a report that showed considerably stronger sales development in the quarter than expected. The continued increased investment in growth affected the cost levels negatively in the quarter. The strong sales development and order book shows that the underlying business is as strong as ever. We will adjust our sales estimates upward due to the solid beat of the topline number. On the other hand, we will also adjust our cost expectations to a slightly higher level. We do not expect our fair value range or Base case value of SEK 92 to change following the report.
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