Sleep Cycle Q4 2024: Solid EBIT beat, extra dividend, and raised margin Target - Redeye
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Sleep Cycle Q4 2024: Solid EBIT beat, extra dividend, and raised margin Target - Redeye

Redeye provides initial comments on Sleep Cycle’s Q4 report, in which sales were in line with expectations, but EBIT came in above forecasts. Subscriber growth continues q/q, and the company slightly raises its EBIT target. Additionally, the Board proposes a SEK 3.00 (SEK 2.30) per share dividend, corresponding to SEK 60.8m. Overall, a strong report.

Redeye provides initial comments on Sleep Cycle’s Q4 report, in which sales were in line with expectations, but EBIT came in above forecasts. Subscriber growth continues q/q, and the company slightly raises its EBIT target. Additionally, the Board proposes a SEK 3.00 (SEK 2.30) per share dividend, corresponding to SEK 60.8m. Overall, a strong report.
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