Sales -2%, adj. EBIT +4m vs. FactSet consensus Better EBIT largely driven by improved cost control Expects to see increased volumes, with multiple units sold per order
ANNONS
Q3 results
Two Freemelt ONE machines were delivered during the quarter. Sales came in at SEK 8.7m (-6.5% vs. ABGSCe 9.3m, -1.7% vs. cons. 8.8m), +6.1% y-o-y. EBIT adj. was SEK -6.3m (ABGSCe -12m, cons. -10m), for a margin of -72% (ABGSCe -133%, cons. -115%). The better than expected EBIT was largely driven by improved cost control as other external expenses decreased significantly q-o-q.
