Sivers IMA Q1’19: High sales growth
Research Note
2019-05-22
09:19
Sivers IMA delivered a solid Q1 report. Net sales grew by 92% y/y (our est: 84%), and costs were also lower than expected, which resulted in solid EBITDA improvements. We are especially upbeat about the development within the wireless business area, which is said to have had a strong positive effect on the increased sales volumes.
DB
Dennis Berggren
Disclosures and disclaimers