ITAB Group Q3 Operating Profit Drops 97% Year Over Year to SEK 6 Million
Bitget2026/11/03 06:05- ITAB Group swung to a third-quarter net loss of SEK 68 million from a year-earlier profit.
- Operating profit dropped 97% year over year to SEK 6 million, including a SEK 222 million charge for discontinuing ERP implementation.
- Net sales rose year over year to SEK 3.4 billion, while operating cash outflow widened to SEK 168 million.
- The group began coordinating production facilities in the UK and Türkiye during the quarter to improve capacity utilization.
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