Gapwaves posted a strong Q1, with net sales up 46% y/y and EBITDA excl. ACI hitting SEK-2.5m, 64% ahead Redeye research estimates (RRe). Redeye anticipates accelerating product-related revenue and continued sales growth hereafter, despite global uncertainties. Redeye sees a wave of positive news flows for the year with several potential volume agreements being announced and clarity around Valeo’s Volkswagen win.

Read more and download the Research Update.
 
Follow companies at Redeye to receive the latest equity research within Life Science and Technology.
 
This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/