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Asetek: Look through the short-term setbacks - SEB

The leading supplier of liquid cooling technology, Asetek, released soft Q2 earnings and downgraded its earnings guidance. Although some negative margin impacts, an investment ramp-up and normalisation in the gaming market could limit investor sentiment in the short term, we remain positive about the long-term growth potential of its investment story and see significant upside potential from the Datacenter and SimSports franchises.

The leading supplier of liquid cooling technology, Asetek, released soft Q2 earnings and downgraded its earnings guidance. Although some negative margin impacts, an investment ramp-up and normalisation in the gaming market could limit investor sentiment in the short term, we remain positive about the long-term growth potential of its investment story and see significant upside potential from the Datacenter and SimSports franchises.
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