Business
NGS: Sharp revenue decline and heavy losses in H1 2024; cost cuts and new deals target recovery
NGS: Sharp revenue decline and heavy losses in H1 2024; cost cuts and new deals target recovery
About this update from Ngs Group Ab
Net sales dropped 30% year-over-year in Q2 and H1 2024, with significant losses driven by a weak healthcare staffing market, restructuring costs, and goodwill impairment. Cost-saving measures and new contracts aim to stabilize performance in H2.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.