Solteq: Challenges visible in earnings - Evli

Solteq’s Q4 results were weak and below our expectations, with revenue at EUR 16.9m (Evli EUR 17.4m) and adj. EBIT at EUR -0.8m (Evli EUR 0.7m), with the earlier noted challenges having a larger than anticipated impact. 2023 guidance is below our expectations, with revenue expected to remain at 2022 levels and EBIT to be positive.

Länk till analysen i sin helhet: https://www.evli.com/hubfs/ERP/Raportit/Solteq/Solteq%20230216%20Q4%20Earnings%20flash.pdf