Sivers IMA Q2’18: First comment

Research Note

2018-08-30

10:01

Sivers IMA reported net sales of SEK 14.7m in Q2, which thus came in below our forecast (SEK 22m). We expected weaker sales within the wireless segment, but the company states that its fiber business also was negatively affected during the period due to the US-China trade war. The reported EBITDA of SEK -18m was, thereby, also below our estimate of SEK -12m.

DB

Dennis Berggren

Disclosures and disclaimers

Premium Plan required to unlock

Unlock companies to access

more high quality research.