Business
DRIL: Sales and earnings declined in Q1, but new contracts and a strong order book support future growth
DRIL: Sales and earnings declined in Q1, but new contracts and a strong order book support future growth
About this update from Drillcon Ab
Q1 2025 saw a 6% sales decline to 102 MSEK and negative net income, mainly due to Iberian production stops, but new contracts and a strong order book support long-term growth. Dividend proposal was withdrawn amid market uncertainty and high investments.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.