Freemelt (Q1 Initial take): Overall, as anticipated - Redeye

As expected, sales and order bookings were rather muted in the first quarter. Still, business activity remains high and is progressing. Freemelt has received three project orders, including follow-on orders from customer projects within energy (UKAEA) and defense (“a leading Swedish defense company”). Redeye is optimistic about a pick-up in machine sales, but the current order backlog is modest, causing us to lower our very near-term forecasts.

Länk till analysen i sin helhet: https://www.redeye.se/research/1164007/freemelt-q1-initial-take-overall-as-anticipated?utm_source=finwire&utm_medium=RSS