Top Investment Firm BTS Reports Strong EBITA Results in Q2 2024
Leading consulting company BTS has reported an EBITA result of 110 million SEK for the second quarter of 2024, maintaining a solid EBITA margin of 15.1%.
The net revenue reached 730 million SEK, showing a positive outlook for the full year as the EBITA result is expected to exceed the previous year’s performance.
Gaming Giant Embracer’s Q1 Results Fall Short of Analyst Expectations
Embracer, a prominent gaming company, reported an adjusted operating profit of 828 million SEK for the first quarter of the fiscal year 2024/2025.
However, the reported operating profit (EBIT) was -1440 million SEK, lower than the expected -963 million SEK. The net revenue also missed estimates, standing at 7.933 million SEK.
New Wave Retailer Shows Growth with Strong Q2 Performance
New Wave, a retail company, reported a operating profit of 301 million SEK for the second quarter of 2024, with a net revenue of 2.398 million SEK.
Despite a decrease in margins, the company’s earnings per share stood at 1.59 SEK.
Storskogen Group Exceeds Expectations with Robust Q2 Results
The conglomerate Storskogen reported an adjusted EBITA result of 894 million SEK for the second quarter of 2024, surpassing analyst forecasts.
The adjusted EBITA margin was 9.7%, higher than the expected 9.4%, while the net revenue decreased by 2% to 9.243 million SEK.