Business
SERV: Revenue up 32% but net loss deepens; Danish unit to be sold, Swedish operations restructured
SERV: Revenue up 32% but net loss deepens; Danish unit to be sold, Swedish operations restructured
About this update from Servana Ab (publ)
Revenue grew 32% year-over-year, but higher write-downs and costs led to a net loss of -14.8 MSEK. The company is divesting its Danish operations and restructuring in Sweden while seeking new business through a reverse acquisition.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.