Brief: Mestro Q4 Operating Loss Narrows To Sek 2.4 Million

Mestro AB

09/02/2024 07:11

Feb 9 (Reuters) - Mestro AB  MESTRO.ST :
    * IN 2023, SALES AMOUNTED TO SEK 34,4 MILLION, AN INCREASE
IN OF
27% COMPARED TO THE PREVIOUS YEAR
    * Q4 PROFIT AFTER TAX SEK-2,9 (-4,2) MILLION, AN IMPROVEMENT
OF
31%COMPARED TO THE SAME PERIOD PREVIOUS YEAR
    * SEES RESULT TO IMPROVE CONTINUOUSLY GOING FORWARD DUE TO
COST
EFFICIENCIES, INCREASED REVENUE FROM ALREADY SOLD SUBSCRIPTIONS
AND NEW CUSTOMERS
    * SEES SIGNS THAT CUSTOMERS' DECISION-MAKING PROCESSES HAVE
BEGUN
TO NORMALISE
    * CASH FLOW IN 2023 AMOUNTED TO SEK 2,5 MILLION
    * IN 2024, MESTRO WILL FOCUS ON STRENGTHENING PRESENCE IN
THE
SWEDISH AND NORDIC PROPERTY MARKET, WITH A PARTICULAR EMPHASIS
ON THE PUBLIC SECTOR
    * Q4 OPERATING LOSS TO SEK 2.4 MILLION VERSUS LOSS SEK 4.2
YEAR
AGO

Source text for Eikon:  ID:nMFN9hXzKP 
Further company coverage:  MESTRO.ST 

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