Image Systems: Showing good cost containment
Research Note
2020-11-13
10:42
Redeye notes that Image Systems has managed to reduce its costs very well. Earnings in Q3 are higher than we expected, despite lower sales. The market climate for investments in the sawmill industry is still difficult to assess, but we are now more optimistic about a turn-around given the progress to date and the impact of yet further measures.
HA
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Henrik Alveskog
Tomas Otterbeck
Disclosures and disclaimers