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Redeye: Fortnox - Growing like its 2019

Redeye remains neutral to Fortnox following a solid Q2 report, with an impressive net customer intake in line with Q2 2019. While we expect Fortnox to continue to deliver profitable growth for several years, so does the market. We raise our 2021 EBIT forecast and our Base case slightly.

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Fortnox - Growing like its 2019

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