Brief: Goodbye Kansas Updates Q2 EBITDA Loss Widens To SEK 22.9 Mln
23/08/2024 07:43
Aug 23 (Reuters) - Goodbye Kansas Group AB GBKG.ST :
* Q2 NET SALES DECREASED BY 66 PERCENT TO SEK 27.0 MILLION (80.3)
* Q2 EBITDA AMOUNTED TO SEK -22.9 MILLION (-14.4)
* Q2 PROFIT BEFORE TAX AMOUNTED TO SEK -24.8 MILLION (-28.1).
* EXPECT TO SEE A STRONGER SECOND HALF OF 2024,
* WE BELIEVE THAT FULL YEAR WILL NOT FULLY REACH OUTLOOK WE HAVE PREVIOUSLY COMMUNICATED.
* UPDATING OUR FINANCIAL OUTLOOK FOR 2024 AND NOW ESTIMATE THAT WE WILL REACH SEK 170-180
MILLION
IN SALES AND -30-40 MILLION IN EBITDA, IN 2024
* VIEW THAT SECOND HALF OF 2024 WILL BE PROFITABLE, WHERE LEVEL OF SALES AND EARNINGS WILL
BE
AFFECTED BY TIMING OF START OF PROJECTS
* WE MAINTAIN OUR FINANCIAL OUTLOOK FOR 2025.
* WE SEE A MORE STABLE AND ACTIVE MARKET GOING FORWARD, IN US, EUROPE AND ASIA
Source text for Eikon: ID:nMFN2MLWml
Further company coverage: GBKG.ST
(Gdansk Newsroom)
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