Brief: FM Mattsson Expects Challenging Economy To Continue Into 2025

FM Mattsson AB (publ)

05/11/2024 07:12

Nov 5 (Reuters) - FM Mattsson AB (publ)  FMMb.ST :
    * OUR ASSESSMENT OF A CONTINUED CHALLENGING ECONOMY REMAINS
AND
WITH AN EXPECTATION THAT IT WILL CONTINUE INTO 2025
    * IN LONGER TERM, WE CONTINUE TO SEE A GOOD UNDERLYING NEED
FOR
OUR PRODUCTS IN ALL COUNTRIES
    * LOWER INFLATIONARY PRESSURES AND EXPECTATIONS OF LOWER
INTEREST
COSTS HAVE NOT YET HAD A CLEAR IMPACT ON INCREASED DEMAND FROM
OUR CUSTOMERS
    * REVENUE DURING QUARTER WAS MAINLY AT A LOW LEVEL IN OUR
NORDIC
HOME MARKET
    * Q3 NET SALES WERE 429.4 MSEK (449.2)
    * Q3 EBITA WAS 38.3 MSEK (53.3)
    * Q3 ADJUSTED FOR ONE-OFF COSTS, EBITA WAS 40.8 MSEK (46.0)

Source text:  ID:nMFN8YgRD8 
Further company coverage:  FMMb.ST 

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