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SENASTE
Guidance of growing EBIT in 2023 does not provide much support for the estimates as 2022 ended with EBIT down 83%. Verkkokauppa.com has already announced a cost savings program which aims to save EUR10m by 2024. Inventories are down as much as 21% qoq which supports strong Q4 cash flow. Balance sheet could be a small relief if we assume the company is just being prudent by not paying a dividend.
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