The 2023Q2 released 8 Aug was a disappointment, with a small loss on EBIT and other costs on top of that. Sales volumes are high but KOA does not seem to have pricing power. I don't see the turn-around... time to sell and find a better investment.

Lowered the target from 2.5kr to 2.0kr due to continued component shortage. Car manufactures close-down (Volkswagen, BMW) as the component crisis is worsened by the Russian attack on Ukraine. Expectation are low for the 2022 forecast and expect 2021 results below €50M target (report 15/3).