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CARDEO: Net sales increased, but losses persisted as portfolio restructuring and investments continued

CARDEO: Net sales increased, but losses persisted as portfolio restructuring and investments continued

Cardeon AbAugust 29, 20243
CARDEO: Net sales increased, but losses persisted as portfolio restructuring and investments continued

About this update from Cardeon Ab

Net sales rose to 2,533 KSEK in H1 2024, but the group posted a net loss of -20,445 KSEK. Strategic actions included a new dividend policy, divestment of Neola Medical, and distribution of TEQCool shares, while portfolio companies made notable operational progress.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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