Cimco Marine AB (publ): Status update regarding technical quality issues, delivery target of OXE units and business update
Cimco Marine AB (publ) are currently investigating a number root causes of the turbocharger leaking. The issue was more complex than was previously believed. However, a number of solutions are being tested with a strong likelihood that this can be sufficiently resolved to re-start of production in December. Based on the expected timing to re-commence production, the company is unlikely to achieve a production run rate of 25 units per week by the end of 2017. However, targets for fiscal year 2018 as well as the long-term targets remain intact. The company previously identified and