Addnode ended the year with a solid report. Both the sales and profit during Q4 exceeded our expectations, despite the ongoing sales model change within Design Management. During the quarter Addnode merged Process and Content Management into one segment and made some important client wins including, amongst others, a contract with Stadler. The company showed great organic development during the period with a growth of 4% for comparable units. As announced earlier, the CEO Staffan Hanstorp will pass on the torch to Johan Andersson, current CFO, after the coming AGM. Q1 will be his last reporting quarter as the CEO. Staffan will take on a more strategic role as the Chairman of the Board. We have made some forecast adjustments, which leads to an increased estimated Fair Value, in Base-case, of 64 (60) SEK per share.