Sdiptech Q1’20: Solid Q1 – EBITA* 3% above forecast
Redeye remains positive to Sdiptech following a solid Q1 – Group EBITA* 3% above forecast. The impact of the Corona crisis was during Q1 limited to movement restriction in UK and DACH. Currently, Sdiptech can deliver ~85% of planned orders. Our first impression suggests only minor adjustments of group-level EBTIA*.