Westpay: First comment Q2, mostly in-line

Westpay’s report during for the second quarter of 2019 name in close to our projections. The net sales were almost spot-on, but the loss during the quarter was a bit higher than we thought. The drop-in sales compared to last year was expected; what was more encouraging was a continued strong uptake in recurring revenue. Overall, we might do some trimming of the estimates, but not to any more substantial extent.

During H2’19, we find it as vital that we see a ramp-up in System sales, something we also hope will occur.