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Press release

Västra Hamnen Market Focus: Heliospectra: Executing operational changes

Heliospectra
  • Lower sales than expected in Q2 due to ongoing strategic re-organization
  • Well-positioned to take advantage of increasing energy prices
  • We maintain our valuation interval of SEK 2.80 – 4.40 per share

Heliospectra’s report for Q2 2022 showcased a weak period in terms of net revenue and order intake. This is however, to be expected due to the current restructuring and re-organization that is taking place. During the quarter, Heliospectra has hired a new CFO and is currently working on streamlining the company. With MITRA receiving all required certifications and the expected launch of Adelphi this autumn, the company should be able to take advantage of the ongoing European energy crisis. We maintain our valuation interval of SEK 2.80 – 4.40 per share.

The full report is available here.

About Market Focus


The research report is prepared as part of Market Focus, Västra Hamnen Corporate Finance's commissioned research offering.

This is a press release from Västra Hamnen Corporate Finance AB. 
Web: vhcorp.se
Twitter: @vhcorp_se (https://twitter.com/vhcorp_se)

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