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Onsdag 28 Oktober | 17:16:26 Europe / Stockholm

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Redeye

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OXE Marine - Soft Q1 but good chances for a pickup

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OXE Marine - Soft Q1 but good chances for a pickup

2023-05-04 07:50:00

Redeye expected a stronger Q1 performance indeed. Warranty issues still haunted the company and sales in the Propulsion segment were again rather mediocre. We believe the situation is now back to normal and the outlook in terms of market demand appears solid. Following two soft consecutive quarters, we lower our sales forecasts somewhat.

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