Maytronics Ltd.TASE: MTRN

MTRN: Q3 net loss and double-digit sales decline reflect market headwinds and operational challenges

· Issued by Maytronics Ltd.

Sales and profits declined sharply due to weaker demand, higher costs, and war-related disruptions, with Q3 posting a net loss and nine-month net profit down 65%. Cost reduction, new products, and M&A are expected to support future growth.

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