Nordic Flanges Group AbOMXSTO: NFGAB

NFGAB: Gross margins and EBIT improved despite lower sales, with net debt significantly reduced

· Issued by Nordic Flanges Group Ab

Net sales fell 24% year-over-year due to a one-off US order in 2023, but gross margins and EBIT improved. Net debt and interest costs declined after a SEK 21m rights issue, and the group remains focused on profitable growth in Europe and the US.

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