Profoto reports first-quarter net sales down, hurt by currency effects
Profoto announced its interim report for Jan. 1– March 31, 2026, recording net sales totaling SEK 149m (164), down 9.5 percent. Organic growth totaled 1.0 percent, and the currency effect was -10.5 percent. Profit for the period was SEK 12 million, compared to SEK (3 million). According to the company, the first quarter was characterized by a continued challenging and...
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