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Asetek: Q4, a solid quarter as expected, 2021 guidance looks encouraging - SEB

Q4 results came in with sales and gross profit in line with our expectation but EBIT 6% above our estimate. The company is guiding sales growth of 10-20% for 2021, higher than our expectation at 10%. EBIT guidance at USD 9-15m vs. SEB 13m. Overall a solid quarter and we are looking into small estimate revisions.

Q4 results came in with sales and gross profit in line with our expectation but EBIT 6% above our estimate. The company is guiding sales growth of 10-20% for 2021, higher than our expectation at 10%. EBIT guidance at USD 9-15m vs. SEB 13m. Overall a solid quarter and we are looking into small estimate revisions.
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