Business

NOVU: Revenue and profit fell sharply in Q1 2025 as Novus prioritized long-term efficiency

NOVU: Revenue and profit fell sharply in Q1 2025 as Novus prioritized long-term efficiency

Novus Group International AbMay 7, 20255
NOVU: Revenue and profit fell sharply in Q1 2025 as Novus prioritized long-term efficiency

About this update from Novus Group International Ab

Q1 2025 saw a 6.8% revenue decline and a 72% drop in operating profit, with margins pressured by higher project costs and client caution. Novus launched the MiOs platform and withheld dividends to strengthen its financial position.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

View stock analysis, news, and events for Novus Group International Ab