What to expect in Q3'24e
We expect sales of SEK 236m for Q3'24, implying y-o-y growth of ~6% (org. -10%, M&A +15%), along with EBITA of SEK ~5m, corresponding to an EBITA margin of 2.2%. September data showed declining trends for demand, hourly prices, net recruitment and utilisation for IT consultants. This means that recovery is unlikely to start in H2'24.