Business
NOBI: Sales fell 6% as consumer recovery was offset by weak project markets; margin and cost focus continue
NOBI: Sales fell 6% as consumer recovery was offset by weak project markets; margin and cost focus continue
About this update from Nobia Ab
Q3 saw a 6% organic sales decline, with strong consumer recovery offset by weak project markets. Gross margin improved in the Nordics, while cost reductions and the Jönköping factory ramp-up remain key priorities for 2025.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.