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Redeye was surprised to see the very low sales figure recorded in the second quarter. As far as we understood from KebNi’s press releases in May, sales should have been significantly higher. Maybe it has just been postponed to Q3. On a positive note, Opex was well contained and operating loss not too far from what we expected. The SAAB project is proceeding according to plan and KebNi also has other very interesting IMU projects offering significant potential in the coming years. We need to understand the Q2 numbers better before drawing conclusions. But our gut feeling is that our near-term forecasts will be revised somewhat.
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