Redeye was hoping for higher sales in the second quarter. On a positive note, gross margins were better and Opex lower than we expected. The news regarding control balance sheet and renegotiations of terms for OXE Marine’s debt is not at all surprising. We have already included another capital injection in our forecasts. Despite some significant orders lately, we will most likely lower our near-term growth forecasts.

info@redeye.se (Redeye.se)

Redeye AB - Redeye.se