Business
SMSMED: Revenue up 20% but margins and earnings pressured by market volatility and U.S. expansion
SMSMED: Revenue up 20% but margins and earnings pressured by market volatility and U.S. expansion

About this update from Scandinavian Medical Solutions A/s
Revenue rose 20% year-over-year, but profitability declined due to lower margins and higher costs amid geopolitical uncertainty. Strategic U.S. expansion and cost-saving measures are underway, with guidance for FY 2024/25 maintained.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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