Business
ENGCON_B: Order intake surged 27% but net sales dropped 12%, with recovery expected in H2 2024
ENGCON_B: Order intake surged 27% but net sales dropped 12%, with recovery expected in H2 2024
About this update from Engcon Ab Class B
Order intake rose 27% year-over-year, with strong gains in Europe and Asia-Oceania, while net sales fell 12% and EBIT margin declined to 18.2%. Gradual recovery is expected in H2 2024, with the Nordics anticipated to rebound in 2025.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.