Fingerprint Cards Q1 comment: Underlying profitability in line

Research Note

2017-05-04

08:42

Fingerprint reported Q1 sales of SEK 686 million compared to Redeye expectations of SEK 673 million and consensus average of SEK 675 million. EBIT of SEK 71 million was lower than Redeye and consensus estimates of SEK 111 and 110 million respectively, mostly due to obsolescence charges, which affected the gross margin.

VW

Viktor Westman

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