• Forum
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Morning ReviewDaily market recap and key overnight highlights
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • PortfolioInderes model portfolio
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Q&A
  • Terms of service
  • Privacy policy
  • Disclaimer

Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

OssDsign: Sales development in line with expectations - ABG

OSSDThird party research2024-08-20 07:47

This is a third party research report and does not necessarily reflect our views or values

Download report (PDF)
Slightly higher opex drives miss on EBIT
EBIT (loss) -9% vs ABGSCe
Estimates likley to be revised down 2-4% on EBIT '24e


Q2 results

OssDsign reported a fairly solid set of numbers in Q2, despite coming 9% below on EBIT, as sales development in Q2 was very much in line with expectations. OssDsign reported Q2 sales of SEK 29.7m (0% vs ABGSCe SEK 29.7m, no consensus) and Q2 EBIT of SEK -15.3m, -9% vs ABGSCe of -14.0m. The miss on EBIT was due to higher opex, both in terms of sales commission and fees, as well as higher admin expenses. In total, opex in Q2 was SEK 1.5m higher than expected (4%). Sales commission level was higher than expected at SEK -15.1m, equal to 50.7% of sales (ABGSCe 48%).