We take our hats off for Anoto – Q2 comment

Research Note

2017-08-01

09:52

Anoto’s Q2 sales and EBIT came in at an impressive SEK 49 and 7 million compared to our estimates of SEK 59 million and SEK -13 million respectively. As far as we know this is the first time ever the company has reached profitability (without the help from extraordinary items). The difference in relation to our sales estimates was due to weak performance in Forms and Livescribe, making the EBIT margin of 14 percent even more impressive.

VW

Viktor Westman

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