Ngs Group AbNGM: NGS

NGS: Revenue down 26%, restructuring yields Q4 profit, new 4% EBITA margin target set

· Issued by NGS Group AB

NGS Group's 2024 revenue fell 26% to 350 MSEK, with an improved but still negative operating result. Cost savings, a new board, and divestment of Vikariepoolen led to a positive Q4, while a new 4% EBITA margin target was set.

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