Scandinavian A Astor Group 2Q net sales SEK90.6m
Scandinavian A Astor Group (FRA:3UA) has released its financial results for the second quarter of 2025, reporting net sales of SEK90.6 million. The company's performance was driven by strong organic growth, particularly in its online sales segment, which contributed significantly to the overall revenue.
Key highlights from the financial report include:
- Net Sales: The company achieved net sales of SEK90.6 million in Q2 2025, marking a 4% increase compared to the same period last year [1].
- Organic Growth: Organic growth was reported at 5% overall, with the Region North showing exceptional performance with a 12.6% increase in organic sales [1].
- Adjusted EBITDA Margin: The adjusted EBITDA margin improved to 23%, a 2-percentage-point increase from the previous year [1].
- Region North Performance: The Region North demonstrated strong performance, with online sales growing by 17% [1].
- Region South Performance: The Region South experienced a decline of 1.7% in sales, largely due to weak offline sales in Spain [1].
The company's financial performance was impacted by currency effects, which negatively affected net sales by 4% [1]. Despite this, the company is optimistic about its future prospects, driven by the integration of AI technologies and the expansion of its online sales channels.
Scandinavian A Astor Group continues to invest in its future growth, including expanding its sales team in France and developing AI features. These investments are expected to contribute to the company's long-term profitability.
References:
[1] https://finance.yahoo.com/news/karnov-group-ab-fra-3ua-070345324.html
Comments
No comments yet