OXE Marine Q3’20: Comment
Research Note
2020-11-24
14:49
Redeye reiterates its neutral view of OXE Marine on the back of Q3 figures below our expectations. As a result of the previous production stop, we decrease our near-term estimates. We expect to leave our 2021-forecast largely unchanged, driven by a solid order book of around SEK 100m with several large customers now onboard.
Oskar Vilhelmsson
Henrik Alveskog
Disclosures and disclaimers