Artificial Solutions Q2’19: Order intake and order backlog on the rise

Research Note

2019-08-14

11:08

Artificial Solutions (AS) report for the second quarter shows strong development for the two main metrics, order intake and order backlog, which grew by 200 percent and 79 percent, respectively. These metrics provide a projection for future revenues and bodes well for the future performance of the business. It is also uplifting to see that during the quarter, several new customers were signed across various industries as well as renewing and expanding several existing agreements. Overall, a strong report, on a preliminary basis, we will not make any bigger estimate adjustments.

HH

VW

Havan Hanna

Viktor Westman

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