€120 million is a important level of investment, but it is effectively inside our economic capacity. We will be open to adapt our operations to realize a tax-efficient structure exactly where that make sense. These products brings us to a profit for the three-month period of €283 million. This equals earnings per share of €1.31 per share for the quarter immediately after dilution and €4.93 for the full year. Searching into 2024, our expectation for EBITDA margin is 69% to 71% variety — in that range. The healthy expansion phase we are in at the moment and will continue to next year will affect the margin, particularly in the initially half of the year. In the comparison to Q4 2022, there is a unfavorable impact from adjustments in currency rates. Our estimate is that revenues are negatively impacted by just more than 8 percentage points, making year-on-year growth in Q4, adjusted for alterations in currency prices, about 25%.
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