Q2 results
Sales came in at SEK 35m (-0.1% vs. ABGSCe 35m), +11% y-o-y. Annualised EEs produced were 4.0m (pre-announced), +8.1% y-o-y. Sampling cups sold were 56,700 (pre-announced), +15% y-o-y. EBIT was SEK 13m (-1.4% vs. ABGSCe 13m), for a margin of +37% (ABGSCe +38%). EBIT adj. was SEK 13m (-1.4% vs. ABGSCe 13m), for a margin of +37% (ABGSCe +38%). EPS adj. came in at SEK 1.5 (-1.4% vs. ABGSCe 1.5), +36% y-o-y. FCF lease adj. came in at SEK 15m (+120% vs. ABGSCe 6.8m), +15% y-o-y, due to better than expected NWC changes.