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SENASTE
Ahead of Q4, we make negative estimate revisions partly relating a strengthening SEK. Key near-term operational themes relate to momentum in P&S while Q4 is the final tough comp in Integrations from PSVR2. Because the Autosense acquisition is not yet completed and the subsequent rights issue is still subject to EGM approval, we have not included it in our model. We calculate a theoretical ex-rights price of SEK 5.2-10.4 per share.
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