What to expect in Q3'24
We anticipate Q3'24 sales of SEK 377m and EBIT of SEK -11m, down from our previous estimates of SEK 400m and SEK -9m, respectively. The estimate cuts are based on: i) a continually weak consumer, ii) peers such as Dustin showing weak momentum and iii) the recent cyberattack. Conditions are challenging for both Aurdel and Efuel, as both are facing a less spending-prone consumer. We expect operating cash flow of SEK 13m with working capital releases of SEK 28m.
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