Q2 results
OssDsign reported a fairly solid set of numbers in Q2, despite coming 9% below on EBIT, as sales development in Q2 was very much in line with expectations. OssDsign reported Q2 sales of SEK 29.7m (0% vs ABGSCe SEK 29.7m, no consensus) and Q2 EBIT of SEK -15.3m, -9% vs ABGSCe of -14.0m. The miss on EBIT was due to higher opex, both in terms of sales commission and fees, as well as higher admin expenses. In total, opex in Q2 was SEK 1.5m higher than expected (4%). Sales commission level was higher than expected at SEK -15.1m, equal to 50.7% of sales (ABGSCe 48%).
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