Ependion Q1 2025: Lower than expected - Redeye

Redeye was hoping for a bit more in Q1, despite adverse market conditions related to macroeconomic uncertainty. Sales were 9% lower Y/Y with sales declining within both business entities. On a positive note, gross margins reached an impressive 54%, which bodes well for the future. Reported EBIT was however clearly lower than we anticipated and Ependion has taken action to reduce costs by SEK22m on an annual basis. Ependion’s near-term outlook is now “difficult to assess”.
Länk till analysen i sin helhet: https://www.redeye.se/research/1100391/ependion-q1-2025-lower-than-expected?utm_source=finwire&utm_medium=RSS