Wästbygg Gruppen Q2 revenue drops 33.6% as net loss narrows

Investing.com -- Swedish construction and development company Wästbygg Gruppen reported a 33.6% year-over-year decline in second-quarter revenue, though the firm’s net loss narrowed substantially during the period. The company posted revenue of 637 million Swedish kronor for the quarter, with a net loss of 6 million kronor, or 0.04 kronor per share.
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Investing.com -- Swedish construction and development company Wästbygg Gruppen reported a 33.6% year-over-year decline in second-quarter revenue, though the firm’s net loss narrowed substantially during the period. The company posted revenue of 637 million Swedish kronor for the quarter, with a net loss of 6 million kronor, or 0.04 kronor per share. Operating income was negative 9 million kronor. Cash flow from operating activities improved during the quarter, with adjusted free cash flow reaching 123 million kronor.
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- Investing.com -- Swedish construction and development company Wästbygg Gruppen reported a 33.6% year-over-year decline in second-quarter revenue, though the firm’s net loss narrowed substantially during the period. The company posted revenue of 637 million Swedish kronor for the quarter, with a net loss of 6 million kronor, or 0.04 kronor per share.
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- 1 outlet, average source rating 6.0/10.
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Wästbygg Gruppen Q2 revenue drops 33.6% as net loss narrows
Sources1TypeCoverageInvesting.com · Stock Market