Business
FERRO: Revenue up 74% year-over-year, but margins pressured by battery sales and one-time financing effects
FERRO: Revenue up 74% year-over-year, but margins pressured by battery sales and one-time financing effects
About this update from Ferroamp Ab
Revenue rose 74% year-over-year, but gross margin fell to 18% due to a high share of battery sales. One-time financing effects weighed on cash flow, but operational improvements led to a smaller EBITDA loss. Management expects margin and cash flow improvements in Q2.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.