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Strax Q4 2023: Inventory write-off and weak sales. The restructuring continues. - Redeye

Strax continues to focus on reducing its debt and restructuring its operation. This quarter, the company had to implement inventory write-downs, impacting the gross profit and subsequently leading to a decrease in EBIT. Additionally, sales fell below our initial estimates.

Strax continues to focus on reducing its debt and restructuring its operation. This quarter, the company had to implement inventory write-downs, impacting the gross profit and subsequently leading to a decrease in EBIT. Additionally, sales fell below our initial estimates.
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