@Antti_Luiro and @Frans-Mikael_Rostedt have written a new company report on Heeros. 
Heeros’s Q2 figures were overall as expected. The company is now moving toward tighter cost control, where profitability and growth efficiency are given higher priority. We lowered our growth forecasts, but our profitability forecasts rose significantly in response. Following the change in direction, profitability multiples (2024-25e EV/EBITA 12-9x, adj. P/E 15-12x) become the pillars of the valuation; in our view, these are already cautiously attractive relative to the risks associated with the profitability improvement.
EDIT:
Here are the morning comments as well. 