Business
FERRO: Revenue down, losses narrowed, liquidity strengthened via rights issue and new orders
FERRO: Revenue down, losses narrowed, liquidity strengthened via rights issue and new orders
About this update from Ferroamp Ab
Revenue fell 38% year-over-year to 20.7 MSEK, but EBITDA loss narrowed due to cost savings. A 75.8 MSEK rights issue was launched to support liquidity, and new product launches and a major order from Aira signal future growth potential.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.