Tagmaster Q2 2025: Solid beat - Redeye

Redeye is encouraged to see Tagmaster’s Q2 report beating our estimates by a wide margin. Significantly higher sales than we expected and 14% EBITDA margins, despite continued challenging market conditions, is a clear sign of resilience. The near-term outlook remains cautious, and the company has taken action to reduce annual Opex costs by ~SEK10m.

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