Ngs Group AbNGM: NGS

NGS: Sharp revenue decline and heavy losses in H1 2024; cost cuts and new deals target recovery

· Issued by 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.