Redeye updates its estimates following Mestro’s Q3 2023 report, which was weaker in terms of CARR and net sales, but stronger margin-wise. Mestro continued to sign new customers in the quarter, and in the report, two new names were presented: Genesta and Chalmers Studentbostäder. Moreover, after the Q3 ended, Mestro signed with SBC, further supporting its role as a leading provider of data in its niche.

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Mestro - Slightly slower quarter, but a rebound expected

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