Business

SYNEXO: Sales dropped sharply and losses deepened, with recovery delayed to 2025/2026

SYNEXO: Sales dropped sharply and losses deepened, with recovery delayed to 2025/2026

Synexo Group AbOctober 23, 20243
SYNEXO: Sales dropped sharply and losses deepened, with recovery delayed to 2025/2026

About this update from Synexo Group Ab

Net sales fell 45% year-over-year and losses widened as industry demand weakened, with recovery now expected in 2025/2026. LC-Tec launched award-winning new products but faces urgent liquidity needs and is preparing a recapitalization proposal.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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