Smart Eye preview Q4’24: Sequential automotive growth expected - Redeye

Redeye expects Smart Eye’s Q4 report, due 18 February, to show a 4% y/y sales growth and an EBITDA improving to SEK-16m from SEK-27m last year. Production data indicate that automotive is set to return to strong sequential growth of 16% after a couple of flat quarters. The absence of large orders across the industry suggests that potential design wins are still in the nomination process, and an announcement can be as imminent as before the quarterly report.

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