The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Yiwei Zhou - SEB, Research Division - Analyst
: I also have a couple of questions that I'll do one at a time. And firstly, a question back to Denmark, and it seems that the demand side is still a bit
uncertain. But then I can see your client-facing FTE still grew like 5% in Q3. And how should we understand it's still growing despite you are also
doing the rightsizing at the same time. So if you assume like flat to rather decline Q4 in Denmark, and does it mean sort of you will still have quite
a lot of margin dilution from the low utilization in Q4?
Question: Yiwei Zhou - SEB, Research Division - Analyst
: Okay. Clear. And I just also want to follow-up Claus and Poul's question here, the public tender. Remember last quarter you mentioned that the
expectation was some of the public tender would be materialized before the year-end. And I understand -- if I understand correctly, some of those
live tenders are being postponed to the second half of 2024. Could you confirm?
Question: Yiwei Zhou - SEB, Research Division - Analyst
: And my next question is regarding the sustainable investment. What do you expect to contribute? I know it's not consolidated, but I understand
if it was a Netcompany consultant to deliver the projects and you were still benefit from organic top line growth. Could you please add some color
on the pipeline et cetera.
Question: Yiwei Zhou - SEB, Research Division - Analyst
: Okay. Just want to follow up on this. So when you book the financial effect, so there will be organic revenue from -- for the implementation work
and then you will have 20% of the licensed income book below the EBIT line?
Question: Yiwei Zhou - SEB, Research Division - Analyst
: Is that correct.
Question: Yiwei Zhou - SEB, Research Division - Analyst
: And what was size of those projects are you talking about?
Question: Yiwei Zhou - SEB, Research Division - Analyst
: Okay. Very clear. And last question, if I may ask, regarding the cost per client-facing FTE for Denmark. If I calculate right, it has increased by 6% in
Q3 if you compare it to last year -- Q3 last year. And then there has been sort of declining trends on the -- on this personnel metrics for some
quarters. Could you add a bit of color on the change of what has been increasing the. Is there any sort of cost inflation?
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