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BuildData Group (previously Zutec) reports Q4 20/21 on 13 September. Ahead of the results, we have added the share issue of SEK 100m in the numbers and made estimate changes mainly pertaining to share issue costs and some alterations as to the timing of the Createmaster contribution. Our view that BuildData is a long-term growth case remains, with a DCF-based fair value of SEK 9-11 at a mid-point of SEK 10.
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