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Q1 Quarterly Report 2024

No material positive change in market sentiment. Enterprise sector still cautious and is expected to stay. Public sector spending is under scrutiny in all our geographies but no clear signals yet of major cost-cutting in digitalisation. NET sales of LTM Q1/2024 comparing to LTM Q1/2023 is higher by 19,8 EURm (10%). LTM 01/2024 adjusted EBITDA is at 29,7 EURm and shows profitability at 13,7%.