Business
TSEC: Losses in Denmark and the US led to negative Q3 results; US business is being divested
TSEC: Losses in Denmark and the US led to negative Q3 results; US business is being divested

About this update from Tempest Security Ab
Q3 2024 saw a 6% sales decline and negative earnings, driven by losses in Denmark and the US, plus high start-up costs in Sweden. The US business is being divested, and management expects a return to profitability in 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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