Doro: Stronger Q4 EBIT than expected but negative sales growth
Research Note
2018-01-18
15:41
Doro today, Thursday, announced that its 2017 EBIT will come in at SEK 92 million, which was slightly better than our estimate of SEK 87 million. This is impressive considering weaker sales of SEK 1 920 million, compared to our expectations of SEK 1 955 million. The company also mentioned in the press release that the EBIT was satisfactory. The market however, had higher hopes as the shares are currently down about 7 percent.
VW
Viktor Westman
Disclosures and disclaimers