Inzile Q1’21: First impression

Research Note

2021-04-29

09:30

Redeye expected higher recorded sales in the quarter as several vehicles were shipped to customers. We assume that the deviation, deliveries vs invoicing, is only a matter of timing. We still firmly believe that sales will soon pick-up significantly and grow throughout the year. Inzile has increased its marketing efforts on several accounts, still primarily focusing on the Swedish market. However, a sales company is now in place in Norway and soon also in Germany.

HA

ME

Henrik Alveskog

Mattias Ehrenborg

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