Here are Lucas’s comments as Metacon targets a 35 percent reduction in fixed costs by the beginning of next year. 
Metacon announced on Thursday a group-wide efficiency program aimed at a 35% reduction in fixed costs by the beginning of 2027. In our view, this corresponds to approximately 35 MSEK annually. We consider this a consistent and necessary step to reduce negative cash flow and extend the company’s financial leeway, especially considering the slow order intake and prolonged investment cycles that we highlighted in our recent Q2 review. Although the lowered cost base lowers the threshold for future profitability, we believe that the company’s most pressing challenge remains securing new large-scale orders. The announcement will lead to downward revisions in our operating cost forecasts for 2027 and beyond, although we believe it may also lead to some near-term restructuring costs. We will update our forecasts accordingly in the near future.