Brief: Haypp Group Expects To Continue Progress Toward SEK 5 Bln Group Sales Target

Haypp AB (publ)

15/02/2024 06:54

Feb 15 (Reuters) - Haypp Group AB (publ)  HAYPP.ST :
    * NICOTINE POUCHES CONTINUE TO DRIVE GROUP'S GROWTH
    * ADJUSTED EBIT INCREASE WAS MAINLY DUE TO INCREASED VOLUME
AS
WELL AS EFFICIENCY, PARTIALLY OFFSET BY CONTINUED INVESTMENTS IN
NEW PRODUCTS AND ADJACENT MARKETS
    * EXPECTS TO CONTINUE ITS PROGRESS TOWARD ITS SEK 5BN GROUP
SALES
AND 5–7% ADJUSTED EBIT MARGIN TARGET FOR COMBINED CORE AND
GROWTH MARKETS
    * EXPECTED TO MOVE THE GROWTH MARKETS INTO PROFITABILITY
FROM THE
BEGINNING OF 2024

Source text for Eikon:  ID:nMFN4lnJkZ 
Further company coverage:  HAYPP.ST 

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