Heliospectra Q3: First comment

Research Note

2018-10-26

12:15

Net sales amounted to SEK 17m in Q3, implying record-high sales as expected. It was, however, below our estimate (SEK 21m), which is explained by our assumption of additional deliveries during the period. Costs were at the same time in line with estimates, resulting in EBIT of SEK -4.6m. While regarding its recent developments positive, the report illustrates that Heliospectra must continue increasing order sizes and improve its gross margin to reach break-even.

DB

Dennis Berggren

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.