Profoto reports nine-month sales decreased 9%

Swedish lighting company Profoto Holdings reported, for the Jan. 1–Sept. 30, 2024, period, that net sales totaled SEK 530m (583), a decrease of 9.0 percent. Organic growth totaled -7.7 percent, and the currency effect, -1.3 percent. Adjusted EBIT amounted to SEK 101m, compared to SEK 153 last year, and adjusted EBIT margin to 19.0 percent, compared to 26.3 percent. For... Read More