Brief: Tcm Group Q3 Adjusted Ebit Down At DKK 2.5 Million

TCM A/S

17/11/2023 06:35

Nov 17 (Reuters) - TCM Group A/S  TCM.CO :
    * INTERIM REPORT Q3 2023
    * Q3 REVENUE DKK 257.6 MILLION (DKK 265.0 MILLION)
CORRESPONDING
TO A REVENUE DECREASE OF 2.8%.
    * Q3 ADJUSTED EBIT OF DKK 2.5 MILLION (DKK 20.6 MILLION)
    * Q3 NET PROFIT OF DKK -1.7 MILLION (DKK 9.7 MILLION)
    * IN Q3 UNDERLYING GROSS MARGIN IMPROVED SLIGHTLY COMPARED
TO Q2,
DRIVEN BY IMPROVED SALES MIX BECAUSE OF AUBO ACQUISITION,
HOWEVER THIS WAS NOT ENOUGH TO OFFSET NEGATIVE IMPACT FROM LOWER
SALES

Source text for Eikon:  ID:nGNE70v3nK 
Further company coverage:  TCM.CO 

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