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Redeye: ÅAC Microtec - Improving order backlog

The Q1-numbers were a bit lower than we expected. But as we learned from last year, fluctuations are significant between the quarters. We are still optimistic about the near term outlook thanks to some improvement in business momentum and a solid order backlog.  Read more and download the latest research update: http://bit.ly/2VxXHtP  Become a member at Redeye to access the latest research on Life Science and Tech companies. This is a press release from Redeye - Research Powered Investment Banking:

Redeye: ÅAC Microtec - Solid Q4, but future less certain

The full year report was well in line with previous guidance from ÅAC. And even slightly better than we expected. However we believe the company is going into 2019 with a somewhat weak order backlog judging from last year's business news flow. The replacement of the CEO also sends us a signal that the company has lost some momentum in the market.  Read more and download the latest research update: http://bit.ly/2EuQHDE Become a member at Redeye to access the latest research on Life Science and Tech

Redeye: ÅAC Microtec - Sales dip in Q3, but is set to rebound

Net sales in Q3 was only SEK 10 m which is about half of the preceding quarters’ level (SEK 22 m in Q2-18). A surprisingly big drop and as a consequence earnings were also way lower than we expected. According to ÅAC guidance, Q4 will be on a completely different level. Several quite substantial orders that were announced earlier in 2018 are scheduled for delivery towards the end of this year.  Read more and download the latest research update: http://bit.ly/2P4JnRj

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