Brief: Inission Q3 Operating Profit Falls To SEK 25.8 Million

Inission AB

08/11/2024 06:06

Nov 8 (Reuters) - Inission AB  INISSb.ST :
    * Q3 SALES, EXCLUDING ACQUISITIONS, DECREASED ORGANICALLY BY
16%
AND AMOUNTED TO SEK 468 MILLION (515)
    * Q3 OPERATING PROFIT AMOUNTED TO SEK 25.8 MILLION (44.3)
    * REVISES SALES TARGET FOR THE FULL YEAR FROM APPROXIMATELY
2.4 TO
 APPROXIMATELY 2.2 BSEK
    * REVISES PROFITABILITY TARGET FOR EBITA FROM 7% FOR  FULL
YEAR TO
6%
    * WE NOW EXPECT THE DECLINE TO SLOW IN Q4 TO LEVEL OFF IN
THE
FIRST HALF OF NEXT YEAR AND RETURN TO GROWTH IN THE SECOND HALF

Source text:  ID:nWkr7fd902 
Further company coverage:  INISSb.ST 

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