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STENO StenoCare A/S News Story

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Denmark's Stenocare Q1 net sales jump

Overview

Denmark medical cannabis supplier's Q1 net sales rose sharply yr/yr and 15% from Q4

Q1 EBITDA positive for fourth consecutive quarter after CannGros integration

Outlook

Company did not provide specific guidance for future quarters or the full year in press release

Result Drivers

CANNGROS INTEGRATION - Co said integration of CannGros contributed to sales growth and was completed without additional costs or resources

GERMANY EXPANSION - Launch of ASTRUM 10-10 oil in Germany through partner WEECO Pharma supported sales growth

Company press release: ID:nWkr7hzNGC

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 SalesDKK 3.003 mln
Q1 EPS-DKK 0.01
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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