Business
KAKEL: Sales up 17% but Q1 loss deepens; outlook improves as market stabilizes
KAKEL: Sales up 17% but Q1 loss deepens; outlook improves as market stabilizes
About this update from Kakel Max Ab
Net sales rose 17% year-over-year to 40.9 MSEK, but profitability declined with a net loss of 388 tkr and negative operating margin. Management sees early signs of market stabilization and expects renovation demand to drive growth in 2025.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.