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

Research Note

2024-02-28

07:11

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.

FR

OV

Fredrik Reuterhäll

Oskar Vilhelmsson

Sign up for free to continue

Already a member?

Sign in

Disclosures and disclaimers

Premium Plan required to unlock

Unlock companies to access

more high quality research.