Brief: Malmbergs Q1 Oper Result Turns To Loss Of SEK 5.6 Mln

Malmbergs Elektriska AB (publ)

25/04/2024 11:23

April 25 (Reuters) - Malmbergs Elektriska AB (publ)
 MEABb.ST :
    * Q1 REVENUE SEK 134.7 MILLION VERSUS SEK 160.0 MILLION YEAR
AGO
    * Q1 OPERATING LOSS SEK 5.6 MILLION VERSUS PROFIT SEK 11.2
MILLION
YEAR AGO
    * FACED SHARP DECLINE IN REVENUE IN Q1, HIT BY RECESSION,
DELAYED
PRICE ADJUSTMENTS
    * CONTINUED TO IMPLEMENT COST SAVINGS, EXPECTS MEASURES TO
TAKE
EFFECT DURING 2024

Source text for Eikon:  ID:nWkrt7FFG 
Further company coverage:  MEABb.ST 

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