New Nordic Healthbrands AbOMXSTO: NNH

NNH: Sales growth strong outside Nordics, but margins and profits pressured by costs and investments

· Issued by New Nordic Healthbrands AB

Net sales grew 8.4% in Q2 and 5.8% in H1 2024, with strong gains in Europe, North America, and Asia, but declines in the Nordics. Gross margin slipped, and profitability remained negative, impacted by higher costs and one-off investments. Management expects improved results in H2.

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