Business

TRANS: Q2 sales declined 14.6% year-over-year, but new contracts and margin gains signal recovery

TRANS: Q2 sales declined 14.6% year-over-year, but new contracts and margin gains signal recovery

Transtema Group AbAugust 15, 20244
TRANS: Q2 sales declined 14.6% year-over-year, but new contracts and margin gains signal recovery

About this update from Transtema Group Ab

Net sales fell 14.6% in Q2 2024, but adjusted EBITA margin improved to 3.1%. New major contracts and efficiency measures are expected to drive a gradual sales recovery in H2 2024 and into 2025.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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