Business
GARPCO.B: Q3 sales up 5% but profit down; export demand strong, Swedish construction weak
GARPCO.B: Q3 sales up 5% but profit down; export demand strong, Swedish construction weak
About this update from Garpco Ab
Net sales rose 5% in Q3 2024, but EBITDA and net profit declined due to higher export investment costs and absence of last year's energy subsidy. Export demand, especially in the UK and USA, is strong, while Swedish construction remains weak.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.