Clavister Q3’19: First comment - positive adjusted EBITDA
Clavisters Q3’19 highlights were very much in line with the previous quarter, that is; continued strong order intake, high gross margins and significant growth within the CSP vertical. Revenues came in lower than expected but with an EBIT in line with estimates (adjusted for the deviation in cap. dev. expenses) – driven by a stronger than expected gross margin.
On a preliminary basis, we will not make any significant estimate adjustments..