Business

LYKO_A: Gross margin rose to 44.1% and EBIT margin (excl. one-offs) hit 2.9% amid cost-saving progress

LYKO_A: Gross margin rose to 44.1% and EBIT margin (excl. one-offs) hit 2.9% amid cost-saving progress

Lyko Group Ab Class AApril 28, 20264
LYKO_A: Gross margin rose to 44.1% and EBIT margin (excl. one-offs) hit 2.9% amid cost-saving progress

About this update from Lyko Group Ab Class A

Profitability improved with a higher gross margin and cost savings, despite a 4.8% sales decline year-over-year. EBIT margin excluding one-offs reached 2.9%, and own brands grew 14%. Cost-saving and efficiency measures are on track, supporting stable margins and future growth.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

View stock analysis, news, and events for Lyko Group Ab Class A