Nordic Leisure turned to Q/Q growth in Q3, after two weaker quarters. We believe we are seeing the effect of a more sales driven organisation, as well as seasonality effects. Moreover, the Q3 report, together with the new financial targets, signals confidence and drive to improve. However, until we see the proof of improved market shares and signs of success in Lithuania, we only make modest improvements of our estimates. Resulting in a modest increase of our fair value to SEK 28 per share in our Base case.