Redeye expects Smart Eye’s Q4 report, due 17 February, to show 13% y/y net sales growth and to reach an EBITDA of SEK18m. The OEM sales figures we follow clouds the horizon, with a quite negative development q/q between Q3 and Q4. However, these sales figures only constitute some 14% of our estimated cars on road with Smart Eye DMS. Hence, while some headwinds exist in these production figures and unfavorable FX movements, we expect automotive to continue growing sequentially towards the GSR implementation mid-2026.
LÄS MER
