Profoto sees big drop in quarter 3 sales
Swedish lighting equipment manufacturer Profoto Holding AG announced third-quarter net sales from July to September dropped 26.8 percent SEK 235 to SEK 172m (235). Organic growth totaled -28.7 percent and the currency effect 1.9 percent. Net income was SEK 27 million compared to SEK 54 million a year ago. Basic earnings per share from continuing operations was SEK 0.67 compared...
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