Niutech Group AbNGM: NIUTEC

NIUTEC: Q3 revenue up 43% year-over-year, but losses deepen; cost cuts and new deals aim to restore growth

· Issued by Niutech Group AB

Revenue grew 43% year-over-year in Q3, but profitability declined due to lower demand and project delays. Cost-saving measures and new contracts are expected to improve results, with a strong order book supporting future growth.

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