Revenue at 1,670m, LFL + 7%, 3% above consensus and 1% above our estimateEBITDA at NOK 12m vs. consensus/ARCe at NOK 23m/ 29mPhase II of its turnaround plan, targeting NOK 300m by end-2026Expect ~3-4% negative EBITDA revision to consensus, a similar share price reaction is warranted
