Image Systems: First comment Q1, Lower sales but higher gross margin

Research Note

2018-05-03

15:22

This afternoon, Image Systems published their report for the first quarter of 2018. The company reported sales at SEK 22.3m, compared to our estimate of SEK 29.6m. On the other hand, a much higher gross margin of 83 %. The deviation in gross margin can be explained by lower sales in RemaSawco.

AW

Anton Wester

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