Clavister: Q3 preview

Research Note

2017-10-23

14:10

Clavister will present their report for the third quarter of 2017 on Wednesday the 25th of October. We estimate a rise in net sales of 43% YOY (net sales for the third quarter of 2016 decreased by 22%). As stated earlier the reported numbers are still of minor importance – we will focus on the business update for the telecom segment (or Service Provider segment*) and the enterprise segment (where the relationship with Canon IT Solutions in Japan is important) – Japan is a focus market that holds significant potential going forward. The financial situation and specifically comments about additional funding (in September Clavister signed a financing agreement of SEK 50m with TageHus Holding AB) will also be of interest.

HH

Havan Hanna

Sign up for free to continue

Already a member?

Sign in

Disclosures and disclaimers

Premium Plan required to unlock

Unlock companies to access

more high quality research.