Fingerprint Cards Q2 – Another strong one (longer version)
Research Note
2016-07-22
14:32
FPC reported revenues of SEK 1,666 million, four percent below our expectations as well as consensus, more importantly though, gross margins came in almost as strong as in the first, 48.8 percent, quarter and exceeded our expectations of gross margins at 46.9 percent. Whilst earnings missed consensus, the gross margin as well as EBIT margin beat consensus as well as our estimates, underlining FPC's strong profitability.
JW
Joel Westerström
Disclosures and disclaimers