Business
SOLIDX: Q3 sales up 12% YoY, but EBITDA negative; cost savings and new contracts to boost margins
SOLIDX: Q3 sales up 12% YoY, but EBITDA negative; cost savings and new contracts to boost margins
About this update from Solidx Ab
SolidX grew Q3 net sales by 12% YoY and nine-month sales by 36%, but EBITDA turned negative due to write-downs and market pressure. Cost savings and a major new contract are expected to improve margins going forward.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.