Business
ELON: Q4 2024 saw lower sales and margins, but cost savings and B2C growth drove positive cash flow
ELON: Q4 2024 saw lower sales and margins, but cost savings and B2C growth drove positive cash flow
About this update from Elon Ab
Net sales declined 1.4% year-over-year to 1,416 MSEK in Q4 2024, with gross margin down 2.8 percentage points and operating profit falling by 40 MSEK. Cost reductions and a positive B2C trend supported a stable market footprint and positive cash flow.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.