OssDsign

* Expected return to growth pushed out to Q4 * Adj. EBIT cut by 2.6%-3.6% for '26e-'28e * Fair value range revised down to SEK 3.8-6.2 (4.0-6.3) Small miss on sales, but lower opex in Q2 OssDsign reported mixed results in Q2: sales were 1% below expectations...

* 10% beat on adj EBIT but lower saIes * -16% organic growth (ABGSCe -15%) * No change in outlook, Q3 seasonally soft Q2 results OssDsign reported a mixed set of numbers in Q2 with 1% lower sales, lower gross margin, but good cost control on opex resulting...

* Sequentially flattish, but -15% organic drop in sales in Q2e * We assume a recovery in sales growth in H2'26e * Q2'26 results due 18 August Q2'26 expectations We expect sales development to have stabilised in Q2, at a similar level to Q1'26, but lower...

* Q1 in line with pre-announced numbers * Minor estimate revisions, H2'26 the key catalyst * Fair value range unchanged at SEK 4.0-6.2 Weak GM in Q1, opex offset Q1 sales confirmed the pre-announced number of SEK 36.9m (0% vs. ABGSCe) with an organic...