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Gofore updated its long-term financial targets ahead of CMD, which will be arranged in January. The new 2030-looking sales target indicates of 18% CAGR, of which at least half is expected to be organic. The adj. EBITA margin target (15%) and dividend target remain unchanged. Our estimates are rather well in line with the targets, as we expect a 7.4% sales CAGR for 2024-30 and close to a 15% adj. EBITA margin for 2024-26.
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