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MBBAB: Net sales up 63% and net loss reduced, marking a turnaround after restructuring

MBBAB: Net sales up 63% and net loss reduced, marking a turnaround after restructuring

Movebybike Europe AbFebruary 24, 20263
MBBAB: Net sales up 63% and net loss reduced, marking a turnaround after restructuring

About this update from Movebybike Europe Ab

Net sales grew 63% year-over-year to 33.9 MSEK, with net loss after tax improving sharply to -1.6 MSEK. Operational restructuring, volume growth, and new partnerships drove financial stabilization, though winter weather impacted productivity late in the year.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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