Business
LYKO_A: Sales rose 8.5% as automation ramped up, but gross margin dropped on a viral own-brand campaign
LYKO_A: Sales rose 8.5% as automation ramped up, but gross margin dropped on a viral own-brand campaign

About this update from Lyko Group Ab Class A
Q3 saw 8.5% sales growth and the successful launch of a new automation system, though gross margin fell due to a viral own-brand campaign and related one-off costs. Brand awareness surged in Sweden, and store expansion is planned, with cautious rollout and internal financing.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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