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OXE Marine Q3’20: Comment

2020-11-24

14:49

OV

HA

Oskar Vilhelmsson

Henrik Alveskog

Redeye reiterates its neutral view of OXE Marine on the back of Q3 figures below our expectations. As a result of the previous production stop, we decrease our near-term estimates. We expect to leave our 2021-forecast largely unchanged, driven by a solid order book of around SEK 100m with several large customers now onboard.

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