Business
NEWA_B: Q2 growth lagged expectations amid tough markets, but investments and acquisitions support future strength
NEWA_B: Q2 growth lagged expectations amid tough markets, but investments and acquisitions support future strength

About this update from New Wave Group Ab Class B
Q2 saw weaker-than-expected growth due to tough market conditions, currency impacts, and negative calendar effects, but ongoing investments and the Cotton Classic acquisition strengthen future prospects. Retail remains challenging, while corporate is more stable. Cash flow is stable despite inventory build-up and continued capital investments.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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