Brief: Nimbus Group Q2 EBITA Down At SEK 45 Mln

Nimbus AB (publ)

17/07/2024 06:36

July 17 (Reuters) - Nimbus Group AB (publ)  BOAT.ST :
    * Q2 NET SALES SEK 623 MILLION VERSUS SEK 756 MILLION YEAR
AGO
    * Q2 EBITA SEK 45 MILLION VERSUS SEK 83 MILLION YEAR AGO
    * Q2 WAS CHARACTERIZED BY A WAIT-AND-SEE ATTITUDE IN SEVERAL
MAJOR
MARKETS WHICH HAD A NEGATIVE EFFECT ON BOTH SALES AND
PROFITABILITY
    * QUARTER CONTAINED SOME BRIGHT SPOTS: INCREASING MARKET
SHARE FOR
NIMBUS BRAND IN PREMIUM SEGMENT IN NORTH AMERICAN MARKET
    * QUARTER CONTAINED SOME BRIGHT SPOTS: FIRST SIGNS THAT
NORDIC
MARKET MAY HAVE BOTTOMED OUT

Source text for Eikon:  ID:nMFN8J6Spx 
Further company coverage:  BOAT.ST 

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