UMIDA.B: Q2 sales fell 25% but gross margin rose to 27%; Joluca drinks set for strong H2 growth

About this update from Umida Group Ab Class B

Net sales declined 25% in Q2 2024 due to lost distribution and a distributor IT attack, but gross margin improved to 27%. Joluca's new functional drinks are expected to drive SEK 10–12M in late 2024 sales, while financial risk remains elevated due to low equity.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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