Q2e: EEs, SCs pre-announced, expect limited FX impact
The company has pre-announced certain Q2 figures, including that series production amounted to 4.0m Engine Equivalents (+8%) alongside Sampling Cup sales of 57.7k (+15%) and installation revenue of SEK 1.2m (0.3m). We estimate this will result in total sales of SEK 35m (+11%) and adj. EBIT of SEK 13.3m (7.7m), for a margin of 38% (24%). As exchange rates have remained fairly stable q-o-q, we expect only a minor impact on EBIT from FX revaluations, and forecast other operating income of SEK 0.4m (-1.9m).