Movebybike Europe AbNGM: MBBAB

MBBAB: Losses deepened despite revenue growth as acquisitions and restructuring weighed on results

· Issued by Movebybike Europe Ab

Net sales grew 39% year-over-year, but losses widened due to integration costs and bankruptcy of Bzzt Stockholm AB. Acquisitions and restructuring aim to improve future cash flow amid strong demand for sustainable logistics.

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