Magnus was a bit tight lipped, a bit more than usual....
The one thing that stuck out to me was that the order for Avio said to be mostly A2X machines....these are the larger/higher cost systems.
The quarter was about what I expected, actually a bit higher by one machine and hit my High range of Revenue. Orders were lower than I would have liked, but EPS was a positive,which shouldn't be underestimated.
Perhaps orders are down until Arcam develops the "industrialization" layout for production. Arcam works very close with their existing customers, so they could be waiting for this to happen.
Sweden sold down early and hit a low of 176 but rallied to close at 188.
To me this is a good sign, maybe we won't drift lower....
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