Business
TRNSF: Revenue fell 14% and EBIT turned negative amid restructuring and Sensec divestment plans
TRNSF: Revenue fell 14% and EBIT turned negative amid restructuring and Sensec divestment plans
About this update from Transfer Group Ab
Q2 saw major organizational changes, ongoing divestments, and integration of Amigo Safe. Revenue declined 14% year-over-year, with negative EBIT and EBITDA, and net debt/EBITDA rose to 12.3. A Letter of Intent was signed for the Sensec sale, and new financing was secured.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.