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SVED_B: Q2 sales up 23% with margin gains, led by UK/Netherlands; Nordic demand remains weak

SVED_B: Q2 sales up 23% with margin gains, led by UK/Netherlands; Nordic demand remains weak

Svedbergs Group Ab Class BJuly 18, 20243
SVED_B: Q2 sales up 23% with margin gains, led by UK/Netherlands; Nordic demand remains weak

About this update from Svedbergs Group Ab Class B

Q2 2024 net sales rose 23% year-over-year, driven by acquisitions and strong UK/Netherlands performance, while Nordic markets remained soft. EBITA margin improved to 13.5%, and leverage remained stable at 2.3x EBITDA.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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