LYKO_A: Sales up 16.6% but margins pressured; SEK 100m in cost savings to boost profitability

About this update from Lyko Group Ab Class A

Net sales grew 16.6% year-over-year, but gross margin fell to 39.6% due to campaign pressure and mix. SEK 100 million in annual cost savings will be realized from February, with a focus on profitability over growth. Brand awareness and market share reached record highs.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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