Q-linea: Improved European distribution – Redeye


Q-linea continues to improve the network of European distribution partners and AST’ar is now represented in five European countries including France and the UK. Q-linea’s ongoing rights issue is expected to secure SEK 175m in growth capital after offsetting the loan from the main owner Nexttobe. Q-linea’s main priority is to establish a growth platform in Europe or ASTar and to secure the US launch as soon as possible. this is illustrated by the cost cutting program and the paused Podler project. We expect a neutral share price reaction as a result of Q-linea’s Q2.