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I-Tech: Lower Sales – Higher Costs - Redeye

Redeye comments on I-Tech’s Q4 figures figures missing our expectations across the board. The deviation is driven by a weaker-than-expected demand at the end of the year while several cost items grew substantially. The deviation was partly driven by on-offs related to production and the regulatory process in the EU. On the customer side, the underlying progress continues firmly, but we await further indications in today's conference call before predicting estimate changes. A new dividend policy was also announced indicating a yield of ~3%.

Redeye comments on I-Tech’s Q4 figures figures missing our expectations across the board. The deviation is driven by a weaker-than-expected demand at the end of the year while several cost items grew substantially. The deviation was partly driven by on-offs related to production and the regulatory process in the EU. On the customer side, the underlying progress continues firmly, but we await further indications in today's conference call before predicting estimate changes. A new dividend policy was also announced indicating a yield of ~3%.
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