Business
SOSI: Q2 net sales dropped 13% year-over-year, but higher silver prices offset lower grades
SOSI: Q2 net sales dropped 13% year-over-year, but higher silver prices offset lower grades
About this update from Sotkamo Silver Ab
Net sales fell 13% year-over-year in Q2 2024 due to lower silver grades, but higher silver prices and operational improvements supported sequential growth. Profitability was impacted by increased costs and a 15 MSEK tax expense, while guidance for 2024 remains unchanged.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.