Brief: Humble Sees Good Conditions For Continuous Growth Organically In 2025

Humble AB

24/07/2024 07:10

July 24 (Reuters) - Humble Group AB  HUMBLE.ST :
    * SAYS STRONG MOMENTUM DURING LAST WEEKS OF JUNE AND START
OF JULY
WITH MANY ONGOING INITIATIVES IN A SCALE-UP PHASE, WHICH
CONTRIBUTES TO AN EXCITING AUTUMN AHEAD
    * SAYS OBJECTIVE IS FOR MAJORITY OF STRATEGIC INITIATIVES
FOR
CAPACITY DEVELOPMENT TO BE IMPLEMENTED DURING Q3 AND IN FULL
PRODUCTION BEFORE YEAR END
    * SAYS GOOD CONDITIONS FOR CONTINUOUS GROWTH ORGANICALLY IN
2025
AND SECURES THAT WE ARE ABLE MEET DELIVERY PACE OF PRODUCTS THAT
OUR BRANDS AND B2B CUSTOMERS DEMAND
    * SAYS STARTED TO WORK ON A US EXPANSION A YEAR AGO, FIRST
PRODUCTS ARE NOW IN TRANSIT, LAUNCH IS PLANNED TO BE INITIATED
AFTER SUMMER
    * SAYS WE HAVE A TARGET TO FURTHER STRENGTHEN BALANCE SHEET
ORGANICALLY AND EXPECT A CASH FLOW RELEASE FROM WORKING CAPITAL
DURING Q4
    * SAYS AMBITION IS THAT APPLICATION FOR LIST CHANGE TO
NASDAQ
STOCKHOLM'S MAIN MARKET WILL BE APPROVED AND CARRIED OUT DURING
Q3 OF 2024

Source text for Eikon:  ID:nWkr5kvjKD 
Further company coverage:  HUMBLE.ST 

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