Regulatory press release

Stockpicker: Stockpicker analyst comment: FOM Technologies raise guidance for revenue after a strong start of the year

The company now expects revenue to be 29-32 MDKK (previous: 26-30 MDKK), while guidance for EBITDA is maintained (1-3 MDKK).

“This will not result in any substantial changes to Stockpickers estimates in the Commissioned Equity Research from 2022-03-24. As mentioned in the Commissioned Equity Research, Stockpicker considered the previous guidance to be quite conservative and pointed out that FOM Technologies raised their guidance several times during 2021. However, the raised revenue guidance and increased interest from academic- and corporate customers confirm that there is a strong demand for FOM Technologies machines and equipment.”

Analyst: Axel Stenman, Stockpicker

For the commissioned research mentioned in the comment, follow the direct link https://www.stockpicker.se/home/fom-technologies-attractive-growth-potential-and-aiming-for-main-market-in-2023 or www.stockpicker.se

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