16 Investor presentation First nine months of 2023 Financial outlook for 2023 Sales growth – at CER Expectatio 2 November 32% to 38 Sales growth - reported Around 4 percentage Operating profit growth – at CER Operating profit growth - reported 40% to 46 Around 7 percentage Financial items (net) Gain of around DK Effective tax rate 19% to 21 Free cash flow DKK 65 to 73 The financial outlook is based on an assumption of a continuation of the current business environment and given the current scop CER: Constant exchange rates Note: Changes since last highlighted in bold
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