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Press release

Redeye: Advenica - Strong quarter confirms the case

Advenica

Redeye offers an update on Advenica following the company's Q2 report. Net sales was up by 55% to SEK 48m in the quarter due to solid Design House sales in combination with slightly better than expected sales in Product and Solution. The gross margin was in line, while EBIT was higher than our estimate at SEK 5.4m, representing an 11.3% margin.

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

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Advenica - Strong quarter confirms the case

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