Profoto reports decrease in first-quarter sales
Profoto reported net sales totaled SEK 171m (229), a decrease of 25.4 percent, with most of that coming from organic sales decline, with a slight impact from currency. EBIT was SEK 34m (72), and the EBIT margin, 20.1 percent (31.3). Profit was halved to SEK 27m (56). “Sales were SEK 171m, a decrease of 25 percent compared to the first...
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