Gomero Group AbNGM: GOMERO

GOMERO: Q1 revenue dropped 29% year-over-year, with negative margins but strong cash and no debt

· Issued by Gomero Group AB

Net sales fell 29% year-over-year to 10,132 tkr, with negative EBITDA and EBIT margins due to a higher cost base and absence of last year's large order. The company remains well-capitalized, with no debt and a strong market outlook, supported by recent management changes.

Original document:

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

Company analysis

Earlier from Gomero Group Ab

All Gomero Group Ab news releases