Business
LOHILO: Sales fell but margins improved, with positive EBIT and strong export growth for select brands
LOHILO: Sales fell but margins improved, with positive EBIT and strong export growth for select brands
About this update from Lohilo Foods Ab
Net sales declined 6.3% in Q3 and 8.4% YTD, but gross margin improved to 34.1%. Cost reductions and margin gains kept EBIT positive, while export and own-brand ice cream showed selective growth. Management expects to meet long-term targets from 2026.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.