Elektroimportoren AS (DE:9F9) has released an update.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Elektroimportøren AS reports a 7.2% increase in Q2 revenue, marking a turning point with growth across all major categories, despite gross margin pressures from foreign exchange effects and product mix changes. Operational expenses decreased due to strong cost control measures, while EBITDA marginally declined. The company notes cautious optimism for 2024, with signs of market recovery and positive consumer response to marketing campaigns.
For further insights into DE:9F9 stock, check out TipRanks’ Stock Analysis page.