Business
SIMINN: Net loss of ISK 188 million in Q1 2025 due to legal costs, despite higher sales
SIMINN: Net loss of ISK 188 million in Q1 2025 due to legal costs, despite higher sales
About this update from Siminn Hf.
Net sales rose to ISK 7,173 million in Q1 2025, but a Supreme Court fine and legal costs led to a net loss of ISK 188 million. EBITDA guidance for 2025 was revised downward, and a dividend of ISK 500 million was paid.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.