Solteq as an investment

Here are Joni’s comments on Solteq’s morning results. :slight_smile:

Solteq published its Q3 report this morning, which was unfortunately again clearly weaker than our expectations. Revenue decreased only slightly more than our forecasts, but the critical profit level was too weak. The profit level was in no way sufficient to cover high financing costs, and weak cash flow is eroding cash. Market comments were also more cautious than before, and there is a clear risk of a profit warning for the end of the year. Unfortunately, it was difficult to find bright spots in the report, and we consider new efficiency measures in Q4 very likely.

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