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Advenica Q2 2024: Solid report. Top line growth of 55% with an Ebit margin of 11.3% - Redeye

Redeye provides a first take on Advenica’s second quarter of the year. Sales of SEK 48m in the quarter were better than expected by 9%, mainly due to higher delivery and sales in the Product & Solution segment. The gross margin was in line, while EBIT was higher than our estimate at SEK 5.4m, representing an 11.3% margin.

Redeye provides a first take on Advenica’s second quarter of the year. Sales of SEK 48m in the quarter were better than expected by 9%, mainly due to higher delivery and sales in the Product & Solution segment. The gross margin was in line, while EBIT was higher than our estimate at SEK 5.4m, representing an 11.3% margin.
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