OssDsign: In need of lasting positive trends ahead - SEB

OssDsign released its Q1 report after a profit warning on 10 April. The CEO said the root cause of sales pressure was identified and addressable. We view Q1 as a low point, but visibility on the magnitude of improvements is low ahead. We cut 2026E-28E sales by 15-20% and lower our valuation range to SEK 4-8 (9-16). The current valuation (2026E EV/sales of <2x) suggests potential to us if sales improve with signs of operating leverage.

Länk till analysen i sin helhet: https://research.sebgroup.com/corporate/reports/141646