Tagmaster Q1 2025: Weak top-line - Redeye

Redeye was hoping for a bit more in terms of sales, although market conditions were far from ideal. Organic growth of minus 20% reflects a hesitant market, mainly in Europe. On a positive note, gross margins remained firm at 68% and opex are well contained. Tagmaster considers the downturn to be temporary but has initiated measures to improve efficiency and reduce costs in its European operations. We will most likely lower our near-term forecasts on the back of the Q1 report and a stronger SEK.

Länk till analysen i sin helhet: https://www.redeye.se/research/1096996/tagmaster-q1-2025-weak-top-line?utm_source=finwire&utm_medium=RSS