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SENASTE
The soft performance seen in Q4 2023 continued in Q1 2024, with adj. EBITA of SEK 6m (vs SEB at SEK 5m), down 74% y/y. Management highlights that the tougher market looks set to continue but states that it saw some improvements at the end of Q1 2024. Additionally, reduced costs are expected to have some effect ahead and Q2 is generally a seasonally stronger quarter, with higher sales, earnings and cash flow.
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