OXE Marine - Solid execution

Redeye makes rather small, but positive, changes to our financial forecasts on the back of strong Q2 numbers. Sales and earnings beat our expectations with EBITDA almost at breakeven for the first time in company history. OXE Marine is showing good execution and is clearly on the right path. Visibility beyond 2025 is however low and we would like to see more traction from a wider customer base or new large orders before raising our growth projections further.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/