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Seafire reported Q4 2024 adj. EBITA of SEK 6m (SEB at SEK 4m). It took a goodwill impairment of SEK 87m. ND/EBITDA was 3.0x, according to bank covenant. Going into 2025, management believes markets have stabilised at a low level, with early signs that market conditions are improving, which could become visible during Q2 and Q3. Focus during 2025 will be on improving gross margin and reducing working capital.
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