Esker was down 2% on Wednesday, losing most of the gains made the previous afternoon following a business update, which showed fourth-quarter sales up 13% to 42.5 million euros.

Reacting to this publication, described as 'broadly in line with expectations', Oddo BHF reiterated its 'outperform' rating on the document dematerialization solutions group's shares, with an adjusted price target of €185 to €190.

If this publication does not generate any particular momentum effect, it confirms the resilience of the model and the ability to maintain a double-digit growth rate in a more difficult economic environment", the analyst judges.

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