Redeye updates on Invisio after Q4-results which was much stronger than expected.
* Orders +11% vs cons, sales +14% and adj. EBIT +32% * Europe is leading the way (+90% y-o-y), high activity remains * Estimates up 5-10%, s...
Redeye comments on Invisio’s Q4-results which easily beat our forecasts while order intake was also stronger than expected.
Redeye updates on Invisio ahead of Q4-results (due 12 February) where we expect the company to end the year strongly while the outlook is al...
Redeye updates on Invisio following the company’s Q3-results which came in below our expectations owing to delayed deliveries.
* Solid Q3 orders, miss on deliveries point to stronger growth ahead * EBIT -21% '25e, +7-9% '26e-'27e * Tough comp in Q4e but order backlog...
Redeye comments on Invisio’s Q3-results which were in line with preliminary results announced on October 7.
* Q3 sales -36% vs cons, EBIT SEK -3m vs cons 91m * Main reason is delayed deliveries, Q3 order intake +5% vs cons * 2025e EBIT estimates do...
Redeye comments on Invisio’s preliminary announcement of Q3-results which were lower than expected owing to soft topline on the back of resc...
* Q2 order book size and only one announced order in Q3 add risk * We cut EBIT by 2% in 2025-27e, mainly due to weaker FX * Q3e: sales SEK 4...
* Up to SEK 930m order from the US on Intercom and Link wireless products * SEK 25m order to be booked in Q3, more to come * Good to see inc...
Redeye comments on Invisio’s announcement of a 10-year contract with US Coast Guard regarding wireless Intercom systems, headsets and access...
* CEOTRONICS and GN's FalCom seem to perform well..
Q2 yet another miss As feared, Invisio faced tough comps in Q2 and missed expectations across most key metrics.
Redeye updates on Invisio after Q2-results which saw solid topline but weaker-than-expected profitability.
Q2 details Sales SEK 427m (5% vs ABG 408m, -1% vs cons 421m).
Redeye comments on Invisio’s Q2-results which saw stronger-than-expected revenue while EBITDA was lower than expected owing to a soft gross ...
Redeye comments on Invisio ahead of Q2-results (due 18 July) where we expect sequential improvement after soft performance in Q1.
-20% organic growth in Q2e due to last year's radio order Global military peer estimates remain flattish YTD Small changes to estimates, sha...
Several growth drivers from product innovation and portfolio expansion Quarterly volatility is part of the business nature H2'25 should see ...
Orders and sales below consensus in Q1, costs above Optimistic H2'25 guidance reiterated, we cut EBIT 8-10% Tough sales comp in Q2e, share a...
Redeye updates on Invisio following weaker than expected Q1-results.
Sales -13% vs cons, EBIT -60%, post a strong Q4 and tough comps Guides for higher military budgets paying off from H2'25 EBIT margin improve...
Redeye comments on Invisio’s Q1-results which came in below our forecast with lower activity than expected and a slightly soft gross margin.
Momentum currently strong, but quarterly volatility remains EBIT cut 8% on weaker FX Share at 40x 2025e EV/EBIT, 34x 2026e Strong momentum ...
Redeye updates on Invisio ahead of Q1-results (due 6 May) where we expect continued solid YoY growth, albeit a sequential decline from the s...
2024 closed with record sales, EBIT and order intake Increased TAM assumptions prompt upgrades, EBIT +27-37% Shares trading at 33x 2025e EV/...
Redeye updates on Invisio following its strong Q4-results and a continued positive outlook for 2025E.
Redeye comments in Invisio’s Q4-results which were in line with the preannounced results.
Q4 already pre-announced, orders +18% vs cons TAM updated from SEK 14bn to 25bn (+80%) Positive 2025 outlook on sales and orders, estimates ...
Strong deliveries in Q4, sales +32% vs cons, EBIT +70% Guides for strong sales and order intake in 2025 Consensus estimates likely up 10-15%...
Redeye comments on Invisio’s preannounced figures for Q4 which were much stronger than expected.
- Strong momentum and long runway for growth highlighted - Military modernisation and market share gains key drivers - We are below consensu...
Redeye updates on Invisio post Q3-results which were close to our forecast while the order intake was strong and above our expectations.
- Q3 earnings miss reduces '24e EBIT, but order beat raises '25e - Market activity remains high and Invisio is well-prepared to deliver - Sh...
Q3 EBIT -27% vs cons but orders +31% vs cons Positive Q4 guidance and longer-term outlook reiterated Estimates slightly down 2024e, flat to ...
Redeye comments on Invisio’s Q3-results which were largely in line with our expectations while the order intake was stronger than expected.
Redeye updates on Invisio ahead of Q3-results (due 24 October) where we expect another quarter with solid performance, albeit a sequential d...
Redeye updates on Invisio post Q2-results which came in above our forecast owing to larger than expected deliveries of the large Intercom or...
- Q2 deliveries impressed, less support ahead but still good demand - 2024e adj.
- Strong growth, adj. EBIT +14% vs cons but orders -8% vs cons - Activity level to remain high for many years, positive outlook reiterated -...
Redeye comments on Invisio’s Q2-results which came in above expectations owing to strong deliveries of the Intercom order received in March.
Redeye comments on Invisio ahead of its Q2-results (due 19 July) where we expect strong growth driven by the large Intercom order that was r...
Redeye updates on Invisio following its Q1-results which were in line with our expectations.
80% of the ATH order book to be delivered within 12 months Higher opex to cut EBIT by 5-7% in 2024e-'26e '24e elevated due to third-party or...
EBIT -16% vs cons (SEK 50m vs 60m) and order intake -4% vs cons 80% of order book expected to be delivered next 12 months Demand remains hig...
Redeye comments on Invisio’s Q1-results which were in line with our expectations and the company saw a strong increase in the order book on ...
Tough comps, we expect -3% org sales growth (119% Q1'23) The Intercom order behind 2024e estimate changes, EBIT +51% Share trading at 26x EV...
Redeye updates on Invisio ahead of its Q1-results (due 7 May) where we expect a strong order intake following the large Intercom order that ...
- SEK 465m in two orders for Intercom and Vehicle radios.
Redeye comments on Invisio’s announced order regarding Intercom systems with a value of SEK230m which will be delivered during Q2 to Q4 2024...
Redeye updates on Invisio following the company’s Q4-results which were stronger than expected with both topline and profit beating our fore...
Sales and orders grew nicely in Q4, but comps are getting tougher We stick to ~15% annual growth ahead, EBIT cut 2-4% on lower GM Several gr...
4% sales beat vs cons but weaker gross margin put adj.
Redeye comments on Invisio’s Q4-results which came in stronger than expected while the order intake was solid despite a lack of large orders...
- We expect 22% organic growth in Q4 and EBIT up 35% y-o-y - 2024e-25e EBIT down 6% as FX shaves 2% off top line - Share trading at 32x 2024...
Redeye comments on Invisio ahead of its Q4-results (due 13 February) where we expect another quarter with strong deliveries and solid profit...
Redeye updates on Invisio following the company’s Q3-results which saw stronger topline than expected but lower earnings, partly driven by o...
48% organic growth in Q3 and solid order intake We raise sales estimates 4% and leave EBIT unchanged Share -10% on the report, trades at 23.
48% org growth, sales +4% vs cons, EBIT -16% on one-off costs Reiterates mid-term and long-term guidance on strong execution Cons ests -5% f...
Redeye comments on Invisio’s Q3-results which saw stronger topline than expected while EBITDA was somewhat lower than expected.
Redeye comments on Invisio ahead of its Q3-results (due 25 October) where we expect continued strong YoY growth and solid profitability whil...
No announced orders in Q3 puts some risk on order intake.
Redeye updates on Invisio post Q2-results which came in lower-than-expected owing to soft deliveries during the quarter.
• Q2 order beat but sales miss & FX make us cut EBIT -5% • Momentum is good and positive guidance was reiterated • Trading at 36x 2023e EV/E...
• Q2 sales -7% vs cons, EBIT -23% vs cons • Q2 order intake +26% vs cons and reiterates FY guidance • EBIT estimates down ~5%, trades at 36x...
Redeye comments on Invisio’s Q2-results which came in lower than expected as deliveries was soft while the order intake was very strong.
Redeye expect Invisio to continue to perform strong in Q2 2023 (results due 21 July) where the order intake will be supported by Racal which...
85% organic growth in Q2e and EBIT of SEK 61m H1 announced orders +52% y-o-y supports 2023e growth Fine-tuning estimates, EBIT -2%, share at...
Reiterates strong 2023 guidance and long-term growth path Increased military budgets & better product portfolio main drivers 28% sales CAGR ...
