Business
FOAMIT: Full Foamit Group ownership achieved; investments up, but profit and revenue declined
FOAMIT: Full Foamit Group ownership achieved; investments up, but profit and revenue declined
About this update from Foamit Oyj
Strategic focus led to full ownership of Foamit Group and major capacity investments, but revenue and profitability declined year-over-year due to the absence of one-off gains and a challenging construction market. Liquidity and equity position remain strong.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.