Brief: Troax Sees Negative Effect From One-Off Costs, Interest Rates, Elections

Troax AB (publ)

14/08/2024 11:34

Aug 14 (Reuters) - Troax Group AB (publ)  TROAX.ST :
    * IMPACTED BY ELECTIONS AND FACTORS SUCH INTEREST RATES, WE
SEE
SOME CUSTOMERS ACTING WITH MORE CAUTION
    * NORDIC MARKET CONTINUED TO DECLINE BY -12% MAINLY DRIVEN
BY
CONSTRUCTION SECTOR
    * GROUP HAS ALSO BEEN IMPACTED NEGATIVELY BY SELLING AND
ADMINISTRATION COSTS OF APPROXIMATELY 1 MEUR OF
ONE-OFF-CHARACTER
    * ON COST SIDE, WE HAVE HAD STABLE INPUT COSTS AND SOMEWHAT
LOWER
VOLUMES

Source text for Eikon:  ID:nWkr6YbpYN 
Further company coverage:  TROAX.ST 

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