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As in May and April, Gofore’s June sales fell somewhat short vs. our estimate. After reporting all months for Q2 the quarter's sales were -5% below our estimate. We calculate organic growth of -2% for Q2 and think the sales momentum should pick up from here onward. The sales/FTE/day in Q4 was -4% vs. our estimate and -3% vs. previous year, setting pressure also on the profitability in the quarter.
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