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Administer: Profitability programme showing results - Evli

Administer’s Q1 net sales declined by 3.1% y/y, driven by a 14.8% decline in Econia’s net sales. EBITDA improved by some 56% y/y to EUR 1.7m. Overall the report appears more on the positive side, as the impact of the profitability programme is taking effect.

Administer’s Q1 net sales declined by 3.1% y/y, driven by a 14.8% decline in Econia’s net sales. EBITDA improved by some 56% y/y to EUR 1.7m. Overall the report appears more on the positive side, as the impact of the profitability programme is taking effect.
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