Redeye remains cautiously optimistic on OXE Marine as we understand that the ramp up of production is running according to plan and we expect to see a strong growth trajectory through 2021. The company’s ambition is to deliver the entire order backlog of SEK 141m in the current year. We are growing more confident in our forecasts, that imply solid growth over the next few years. We have raised our Base case fair value to SEK 1.8 per share.