Q2e: Positive margin trends and cash flow
We expect Q2 sales of EUR 42.6m, -7% y-o-y, as growth normalises after the elevated levels in the past two years (R12m +17% org.). We estimate an order intake of EUR 42.9m (36.4m) and EBIT of EUR 1.8m (1.2m) for a margin of 4.2% (2.6%). This implies EPS of EUR 0.009 (-0.009) and FCF (lease adj.) of EUR 1m (-6m). Overall, we expect Q2 to continue to deliver positive margin trends and positive cash flow.
LÄS MER