Net sales grew 6.8% in Q2, but organic sales and order intake declined slightly year-over-year. EBITA margin fell to 5.7% and operating cash flow turned negative, prompting a cost-saving program targeting MSEK 220 in earnings improvement over the next year.Original document: Fagerhult Group AB [FAG…
Net sales grew 6.8% in Q2, but organic sales and order intake declined slightly year-over-year. EBITA margin fell to 5.7% and operating cash flow turned negative, prompting a cost-saving program targeting MSEK 220 in earnings improvement over the next year.
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