Solidx AbNGM: SOLIDX

SOLIDX: Q3 sales up 12% YoY, but EBITDA negative; cost savings and new contracts to boost margins

· Issued by 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.

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