Image Systems: Major cost reductions
Research Update
2020-08-27
07:20
Redeye remains optimistic on Image Systems following the Q2 report. The company has managed to cut fixed costs significantly and posted unchanged earnings despite a 15% drop in sales. The turn-around case is still very much alive, and the share is still trading at depressed levels leaving room for revaluation.
HA
TO
Henrik Alveskog
Tomas Otterbeck
Disclosures and disclaimers