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Talkpool

Research update

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Talkpool: Biggest concern fading away

The performance during the last quarter of 2017 was adversely affected by the delay in Mauritius and, thus, the margin came in below our projections. However, as we see it, the problem in Mauritius should be temporary. The main takeaway from the quarter report was that the integration of LCC seems to work out well, which lowers the risk significantly. Altogether, we have raised our sales estimates and base-case valuation to 50 (44) SEK per share.

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