Net sales during the second quarter of the year amounted to 7.9 SEKm, representing quarterly sales growth of 101%. Costs were in line with our expectations, resulting in operating profit of -8.3 SEKm. The company reported that order intake increased during the first half of the year by 31% compared with the corresponding period in 2016. Since our last update Heliospectra has announced interesting new orders from both new and existing customers and has introduced its new Cortex control system. We believe the company has good prospects of vigorous growth in coming years. We reiterate our fair values of SEK 7.4 per share in our base case, SEK 2 in our bear case and SEK 13.4 in our bull case. Please note that this is a translation of the original report dated the 28th of August.