Imint Q1’19: Weak quarter as expected
As expected, Imint reported a somewhat weaker Q1 report where sales were negatively affected by volume caps and a generally tough smartphone quarter. Net sales amounted to SEK 7. 8m (our forecast: SEK 8m), and EBIT came in at SEK -2. 9m (our forecast: SEK -2.
9m). We yet argue that it has had a very strong start to 2019 with seven new agreements signed during the year and believe that its growth prospects are solid.