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Onsdag 28 Oktober | 17:18:30 Europe / Stockholm

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Redeye

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Alelion - Impressive cost reductions and on the verge of series production

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Alelion - Impressive cost reductions and on the verge of series production

2020-11-19 08:00:00

Redeye believes Alelion reported undramatic Q3’20 figures. Sales declined y-o-y due to previously announced reasons, and slightly lower production activity than anticipated due to Covid-19. We believe this is more of a short-term timing effect rather than a long-term issue. Furthermore, very impressive cost reductions were reported, lowering y-o-y OPEX significantly.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/