Fingerprint Cards Q3 2016 – GM not as strong as we expected, FY guidance to disappoint
Research Note
2016-10-27
08:45
FPC’s Q3 report came in slightly above our estimate in terms of revenues but GM did not meet our high expectations. The revised guidance where FPC now expects revenues of SEK 7.2-7.5 billion will likely weigh on the share today, even though guidance for EBIT-margin was adjusted upwards.
JW
Joel Westerström
Disclosures and disclaimers