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NNH: Sales up year-to-date, but Q3 profit fell; margin recovery expected as markets stabilize

NNH: Sales up year-to-date, but Q3 profit fell; margin recovery expected as markets stabilize

New Nordic Healthbrands AbOctober 31, 20243
NNH: Sales up year-to-date, but Q3 profit fell; margin recovery expected as markets stabilize

About this update from New Nordic Healthbrands Ab

Net sales grew 2.4% for the nine months, but Q3 saw a 4.1% decline and profitability weakened, with a net loss of SEK 9.6 million year-to-date. Management expects margin recovery and improved results as retailer inventory normalizes.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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