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Numbers adjusting for M&A costs result in positive EBIT for the quarter, meaning Tobii reached its Q4/23 guidance. This was driven by the company lowering its operational cost base by more than 10% according to the CEO, which should support 2024E revisions. Further, Tobii presented new financial targets and announced the Autosense acquisition is now complete with a preliminary timetable for the subsequent SEK 300m rights issue.
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