Q4 results
Sales came in at SEK 19.3m (-16% vs. ABGSCe 22.8m), implying a y-o-y decline of -30%. The company delivered an EBITDA of SEK -2.0m (vs. ABGSCe -2.3m), and an EBIT of SEK -7.8m (vs. ABGSCe -5.9m). The fourth quarter results were somewhat below what we had expected with respect to sales, but importantly, the company exercises solid cost control as smartphone demand is at a low point.
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