Transfer Group AbNGM: TRNSF

TRNSF: Revenue fell 14% and EBIT turned negative amid restructuring and Sensec divestment plans

· Issued by 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.

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