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FM Mattsson Mora Group AB Class B ( ($SE:FMM.B) ) has shared an update.
FM Mattsson Mora Group AB reported a positive start to 2025 with a 6.1% increase in net sales for the first quarter, reaching 523.7 MSEK. Despite a challenging economic climate, the company improved its EBITA margin to 11.1% and saw growth in several international markets, although demand was more cautious in Sweden, Denmark, and Germany. The company is focusing on organizational efficiencies and optimizing inventory in response to global trade uncertainties. Additionally, FM Mattsson’s Hotbath brand showcased its enhanced product portfolio at the ISH fair, aiming to strengthen its premium offering in the bathroom design market.
More about FM Mattsson Mora Group AB Class B
FM Mattsson Mora Group AB is a company operating in the plumbing industry, primarily focusing on the production and sale of mixers and other bathroom products. The company has a strong presence in the Nordic region and Western Europe, with a significant focus on the renovation market.
Average Trading Volume: 8,148
Current Market Cap: SEK2.11B
For a thorough assessment of FMM.B stock, go to TipRanks’ Stock Analysis page.
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