Drillcon AbOMXSTO: DRIL

DRIL: Sales fell sharply and EBIT turned negative, but cash flow stayed positive amid restructuring

· Issued by Drillcon Ab

Q3 2024 saw a 33% drop in sales to 81 MSEK, with EBIT turning negative due to discontinued Americas operations and production issues in Iberia and Scandinavia. Despite challenges, cash flow remained positive and new contracts were secured.

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