Solteq: Slightly better than expected Q1 - Evli

Solteq’s Q1 results were rather decent considering earlier challenges and profitability was above our expectations. Revenue was at EUR 16.9m (Evli EUR 17.1m) and adj. EBIT at EUR 0.1m (Evli EUR -0.5m). Guidance for 2023 (published 3.5.2023): revenue is expected to be EUR 60-62m and operating profit (excl divestment profit recognition) slightly negative.

Länk till analysen i sin helhet: https://www.evli.com/hubfs/ERP/Raportit/Solteq/Solteq%20230504%20Q1%20Earnings%20flash.pdf