Novus Group International AbNGM: NOVU

NOVU: Sales and profit fell as complex projects grew; cost cuts and new products aim to restore margins

· Issued by Novus Group International AB

Net sales and profitability declined year-over-year due to lower project volumes and a shift toward more complex, less profitable assignments. Cost reduction and digitalization initiatives were launched to improve efficiency, while new product launches and strong media presence reinforced market positioning.

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