Northbaze Group
Northbaze Group Q3’19: Searching for growth (Redeye)
2019-11-28 11:55
Northbaze Group reported sales of SEK 28m in the third quarter (unchanged Y/Y), below our expectation of SEK 38m. The deviation to our estimates is derived from the Audio & Sound segment. We had calculated with new product releases driving the segment's sales in Q3, which, however, was delayed into Q4.
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