Here are Frans’s comments on Gofore’s November. 
Gofore’s revenue, adjusted for working days, was organically at last year’s level, which is positive after a somewhat longer downward trend. Reported revenue grew strongly by 15% driven by the Huld acquisition. Overall capacity and revenue per specialist also developed positively and better than our expectations. The company commented that there was good demand, especially in the Intelligent Industry sector, which is important to it. More broadly, private sector demand appears to be continuing on a slow but gradually improving trend, while demand in the public sector, which is important to the company, still involves clear uncertainty due to cost-saving needs. The critical turn of the year for the IT services sector will also be a kind of watershed for Gofore, providing much additional visibility into next year’s development. November’s development was positive, but overall our forecasts remain unchanged and uncertainty remains high.
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