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ss:ExpandedRowCount="17" x:FullColumns="1" x:FullRows="1" ss:DefaultRowHeight="15"><Column ss:Width="168" /><Column ss:Width="45" /><Column ss:Width="45" /><Column ss:Width="45" /><Column ss:Width="45" /><Column ss:Width="45" /><Column ss:Width="45" /><Column ss:Width="45" /><Column ss:Width="45" /><Column ss:Width="45" /><Column ss:Width="45" /><Column ss:Width="45" /><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s57"><Data ss:Type="String"></Data></Cell><Cell ss:StyleID="s58"><Data ss:Type="String"></Data></Cell><Cell ss:StyleID="s59"><Data ss:Type="String"></Data></Cell><Cell ss:StyleID="s60"><Data ss:Type="String"></Data></Cell><Cell ss:StyleID="s61"><Data ss:Type="String"></Data></Cell><Cell ss:StyleID="s62"><Data ss:Type="String"></Data></Cell><Cell ss:StyleID="s63"><Data ss:Type="String"></Data></Cell><Cell ss:StyleID="s64"><Data ss:Type="String">Nordea</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s67"><Data ss:Type="String">NOKm</Data></Cell><Cell ss:StyleID="s68"><Data ss:Type="String">2022</Data></Cell><Cell ss:StyleID="s69"><Data ss:Type="String">2023</Data></Cell><Cell ss:StyleID="s70"><Data ss:Type="String">2024</Data></Cell><Cell ss:StyleID="s71"><Data ss:Type="String">2025</Data></Cell><Cell ss:StyleID="s72"><Data ss:Type="String">2026E</Data></Cell><Cell ss:StyleID="s73"><Data ss:Type="String">2027E</Data></Cell><Cell ss:StyleID="s74"><Data ss:Type="String">2028E</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s57"><Data ss:Type="String">Total revenue</Data></Cell><Cell ss:StyleID="s58"><Data ss:Type="String">1,918</Data></Cell><Cell ss:StyleID="s59"><Data ss:Type="String">1,885</Data></Cell><Cell ss:StyleID="s60"><Data ss:Type="String">2,078</Data></Cell><Cell ss:StyleID="s61"><Data ss:Type="String">2,327</Data></Cell><Cell ss:StyleID="s62"><Data ss:Type="String">1,879</Data></Cell><Cell ss:StyleID="s63"><Data ss:Type="String">2,079</Data></Cell><Cell ss:StyleID="s64"><Data ss:Type="String">2,308</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s67"><Data ss:Type="String">EBITDA (adj.)</Data></Cell><Cell ss:StyleID="s68"><Data ss:Type="String">264.8</Data></Cell><Cell ss:StyleID="s69"><Data ss:Type="String">151.6</Data></Cell><Cell ss:StyleID="s70"><Data ss:Type="String">201.0</Data></Cell><Cell ss:StyleID="s71"><Data ss:Type="String">305.1</Data></Cell><Cell ss:StyleID="s72"><Data ss:Type="String">179.0</Data></Cell><Cell ss:StyleID="s73"><Data ss:Type="String">230.2</Data></Cell><Cell ss:StyleID="s74"><Data ss:Type="String">322.0</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s57"><Data ss:Type="String">EBITDA (adj.) margin</Data></Cell><Cell ss:StyleID="s58"><Data ss:Type="String">13.8%</Data></Cell><Cell ss:StyleID="s59"><Data ss:Type="String">8.04%</Data></Cell><Cell ss:StyleID="s60"><Data ss:Type="String">9.67%</Data></Cell><Cell ss:StyleID="s61"><Data ss:Type="String">13.1%</Data></Cell><Cell ss:StyleID="s62"><Data ss:Type="String">9.53%</Data></Cell><Cell ss:StyleID="s63"><Data ss:Type="String">11.1%</Data></Cell><Cell ss:StyleID="s64"><Data ss:Type="String">14.0%</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s67"><Data ss:Type="String">EBIT (adj.)</Data></Cell><Cell ss:StyleID="s68"><Data ss:Type="String">188.0</Data></Cell><Cell ss:StyleID="s69"><Data ss:Type="String">84.3</Data></Cell><Cell ss:StyleID="s70"><Data ss:Type="String">134.8</Data></Cell><Cell ss:StyleID="s71"><Data ss:Type="String">239.0</Data></Cell><Cell ss:StyleID="s72"><Data ss:Type="String">120.3</Data></Cell><Cell ss:StyleID="s73"><Data ss:Type="String">159.8</Data></Cell><Cell ss:StyleID="s74"><Data ss:Type="String">249.5</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s57"><Data ss:Type="String">EBIT (adj.) margin</Data></Cell><Cell ss:StyleID="s58"><Data ss:Type="String">9.80%</Data></Cell><Cell ss:StyleID="s59"><Data ss:Type="String">4.47%</Data></Cell><Cell ss:StyleID="s60"><Data ss:Type="String">6.49%</Data></Cell><Cell ss:StyleID="s61"><Data ss:Type="String">10.3%</Data></Cell><Cell ss:StyleID="s62"><Data ss:Type="String">6.40%</Data></Cell><Cell ss:StyleID="s63"><Data ss:Type="String">7.68%</Data></Cell><Cell ss:StyleID="s64"><Data ss:Type="String">10.8%</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s67"><Data ss:Type="String">PTP (adj.)</Data></Cell><Cell ss:StyleID="s68"><Data ss:Type="String">28.3</Data></Cell><Cell ss:StyleID="s69"><Data ss:Type="String">55.9</Data></Cell><Cell ss:StyleID="s70"><Data ss:Type="String">93.1</Data></Cell><Cell ss:StyleID="s71"><Data ss:Type="String">197.3</Data></Cell><Cell ss:StyleID="s72"><Data ss:Type="String">82.3</Data></Cell><Cell ss:StyleID="s73"><Data ss:Type="String">113.3</Data></Cell><Cell ss:StyleID="s74"><Data ss:Type="String">196.3</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s57"><Data ss:Type="String">Net profit (cont. oper.) (adj.)</Data></Cell><Cell ss:StyleID="s58"><Data ss:Type="String">-2.52</Data></Cell><Cell ss:StyleID="s59"><Data ss:Type="String">51.4</Data></Cell><Cell ss:StyleID="s60"><Data ss:Type="String">72.6</Data></Cell><Cell ss:StyleID="s61"><Data ss:Type="String">153.9</Data></Cell><Cell ss:StyleID="s62"><Data ss:Type="String">76.0</Data></Cell><Cell ss:StyleID="s63"><Data ss:Type="String">88.2</Data></Cell><Cell ss:StyleID="s64"><Data ss:Type="String">160.0</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s67"><Data ss:Type="String">Shareholders' equity</Data></Cell><Cell ss:StyleID="s68"><Data ss:Type="String">347.8</Data></Cell><Cell ss:StyleID="s69"><Data ss:Type="String">475.0</Data></Cell><Cell ss:StyleID="s70"><Data ss:Type="String">547.6</Data></Cell><Cell ss:StyleID="s71"><Data ss:Type="String">701.5</Data></Cell><Cell ss:StyleID="s72"><Data ss:Type="String">n.a.</Data></Cell><Cell ss:StyleID="s73"><Data ss:Type="String">n.a.</Data></Cell><Cell ss:StyleID="s74"><Data ss:Type="String">n.a.</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s57"><Data ss:Type="String">Net debt</Data></Cell><Cell ss:StyleID="s58"><Data ss:Type="String">531.8</Data></Cell><Cell ss:StyleID="s59"><Data ss:Type="String">392.3</Data></Cell><Cell ss:StyleID="s60"><Data ss:Type="String">303.5</Data></Cell><Cell ss:StyleID="s61"><Data ss:Type="String">163.8</Data></Cell><Cell ss:StyleID="s62"><Data ss:Type="String">428.1</Data></Cell><Cell ss:StyleID="s63"><Data ss:Type="String">347.0</Data></Cell><Cell ss:StyleID="s64"><Data ss:Type="String">185.7</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s67"><Data ss:Type="String">Net gearing</Data></Cell><Cell ss:StyleID="s68"><Data ss:Type="String">141.0%</Data></Cell><Cell ss:StyleID="s69"><Data ss:Type="String">82.6%</Data></Cell><Cell ss:StyleID="s70"><Data ss:Type="String">55.4%</Data></Cell><Cell ss:StyleID="s71"><Data ss:Type="String">23.4%</Data></Cell><Cell ss:StyleID="s72"><Data ss:Type="String">n.a.</Data></Cell><Cell ss:StyleID="s73"><Data ss:Type="String">n.a.</Data></Cell><Cell ss:StyleID="s74"><Data ss:Type="String">n.a.</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s57"><Data ss:Type="String">Net debt/EBITDA</Data></Cell><Cell ss:StyleID="s58"><Data ss:Type="String">2.21</Data></Cell><Cell ss:StyleID="s59"><Data ss:Type="String">2.81</Data></Cell><Cell ss:StyleID="s60"><Data ss:Type="String">1.51</Data></Cell><Cell ss:StyleID="s61"><Data ss:Type="String">0.54</Data></Cell><Cell ss:StyleID="s62"><Data ss:Type="String">2.39</Data></Cell><Cell ss:StyleID="s63"><Data ss:Type="String">1.51</Data></Cell><Cell ss:StyleID="s64"><Data ss:Type="String">0.58</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s67"><Data ss:Type="String">Free cash flow</Data></Cell><Cell ss:StyleID="s68"><Data ss:Type="String">-575.8</Data></Cell><Cell ss:StyleID="s69"><Data ss:Type="String">11.8</Data></Cell><Cell ss:StyleID="s70"><Data ss:Type="String">130.5</Data></Cell><Cell ss:StyleID="s71"><Data ss:Type="String">181.4</Data></Cell><Cell ss:StyleID="s72"><Data ss:Type="String">6,030</Data></Cell><Cell ss:StyleID="s73"><Data ss:Type="String">n.a.</Data></Cell><Cell ss:StyleID="s74"><Data ss:Type="String">n.a.</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s57"><Data ss:Type="String">Diluted no. of shares, year-end (m)</Data></Cell><Cell ss:StyleID="s58"><Data ss:Type="String">44.8</Data></Cell><Cell ss:StyleID="s59"><Data ss:Type="String">47.9</Data></Cell><Cell ss:StyleID="s60"><Data ss:Type="String">47.9</Data></Cell><Cell ss:StyleID="s61"><Data ss:Type="String">47.9</Data></Cell><Cell ss:StyleID="s62"><Data ss:Type="String">n.a.</Data></Cell><Cell ss:StyleID="s63"><Data ss:Type="String">n.a.</Data></Cell><Cell ss:StyleID="s64"><Data ss:Type="String">n.a.</Data></Cell></Row><Row ss:AutoFitHeight="0"><Cell ss:StyleID="s67"><Data ss:Type="String">&lt;div&gt;Nordea Markets estimates published on Aug 20, 2026&lt;/div&gt;&lt;div&gt;Source: Company data, Nordea estimates&lt;/br&gt;Note: Nordea estimates are adjusted where stated, whereas consensus estimates are presented as reported numbers.&lt;/div&gt;</Data></Cell><Cell ss:StyleID="s68"><Data ss:Type="String"></Data></Cell><Cell ss:StyleID="s69"><Data ss:Type="String"></Data></Cell><Cell ss:StyleID="s70"><Data ss:Type="String"></Data></Cell><Cell ss:StyleID="s71"><Data ss:Type="String"></Data></Cell><Cell ss:StyleID="s72"><Data ss:Type="String"></Data></Cell><Cell ss:StyleID="s73"><Data ss:Type="String"></Data></Cell><Cell ss:StyleID="s74"><Data ss:Type="String"></Data></Cell></Row></Table><WorksheetOptions xmlns="urn:schemas-microsoft-com:office:excel"><PageSetup><Header x:Margin="0.3" /><Footer x:Margin="0.3" /><PageMargins x:Bottom="0.75" x:Left="0.7" x:Right="0.7" x:Top="0.75" /></PageSetup><Unsynced /><Print><ValidPrinterInfo 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